Developers and Builders, golden development opportunity sets on 956m2 approximately rectangular and flat allotment block, which comprises of two 3- bedrooms Units. With current rental income sitting at $30,000.00 per annum, which is around 3-4% Return On Investment (ROI) more than enough to pay interest for your investment mortgage while waiting for your DA (Development Approval) to go through.
Location is in a wide street which is easy access to Noble Park Train Station and Princes Highway to Chadstone shopping centre/Glen Waverley Shopping centre 11km approximately. Amenities are minutes' drive to Springvale Shopping Centre, Ikea Homemaker Centre, M-City Shopping Complex, Monash Medical Centre and Monash University. Final note is the Vendors have high intention to let go the property.
• 2 x 3-bedroom Units on one Title
• Current rental income $2,500pcm
• Land size 956m2 approximately
• Multi Townhouses development (STCA).
Contact us today:
Danny Huynh 0411 127 832
Duncan Le 0423 737 561
Auction on site 19 June @1pm
Settlement Terms: 30/60/90
Disclaimer: All information about the property has been provided to Le & Co Estate Agents by third parties. Le & Co Estate Agents has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.