To be sold together as one dynamic package, this entire block of units is the savvy investment opportunity you have been waiting for. With a potential return of $155,000 per annum (approx.), the group of 14 residences is the perfect addition to any property portfolio - simply snap it up, sit back and reap the rewards.
• Exciting opportunity to procure an entire block of 14 units on approx. 1019sqm.
• Each unit boasts a practical floorplan with bedroom, living, kitchen & bathroom/laundry.
• Rent them out as is or update further with some easy contemporary enhancements to improve your rental return.
• This convenient & central Footscray address is within minutes of the CBD via trains & trams for a stress-free workday commute.
• Victoria University, Footscray Hospital, local shops and Highpoint shopping centre are all close by for the daily ease of residents.
• Nearby schools include Maribyrnong Secondary College, Footscray High School and Footscray North Primary School.
• Potential new development site - rent the units out now while you explore options for a band-new multi-dwelling development (STCA).