Numbers add up nicely at Established Unit Complex
Step into a ready-made investment in a terrific location off the highway opposite the Lansell Square Shopping Centre.
This large complex of five dwellings is set over two titles and is being sold as a whole.
Lot 1 is 462m2 and consist of:
• An original cream brick veneer duplex converted into two units. One unit has two bedrooms, the second has one bedroom. Each enjoys the high ceilings and decorative cornice of the era, plus bay windows and some exposed brick walls.
Lot 2 is 815m2 and consists of:
• Two x one-bedroom units.
• One x two-bedroom unit.
• Each with an open-plan living space, a kitchen with an upright gas stove, a combined bathroom and laundry and a wide concrete porch/alfresco area.
Sit back and let the property work for you as is, or explore your options to further capitalise across two titles in an in-demand location on the Melbourne side of the city.
Each unit is currently rented, and combined, return $1165 per week; a healthy gross return on the asking price.
Whether you're looking for your first investment property, or to add to an established portfolio, there are many benefits to acquiring a fully-let complex. Buy today and be rewarded in the future.