Blue Chip Investment With Upside

SOLD - This listing was sold in November 2017
A fantastic opportunity exists for the astute investor to acquire this block of 6 x 1 bedroom units in the fast growing and highly sought after suburb of Herne Hill. Located within walking distance to all amenities including shops, transport, schools and parklands and set on approximately 880sqm this unit block is truly a rare find. Each unit offers a private courtyard, open plan kitchen, meals and living area and generous bedroom with ensuite. Each unit is individually titled and separately metered with a combined annual rental return of approximately $55,692 per annum, with scope to further add value and increase rental return. This rare opportunity means speed will be of the essence to secure this super investment.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

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Main Property Features

Listing Number: VNG29732

Land Size:
880 sqm
Property condition:
Good
Property Type:
Block of units
Garaging / carparking:
Open carport
Construction:
Brick veneer
Joinery:
Aluminium
Roof:
Tile
Walls / Interior:
Brick, Gyprock
Flooring:
Carpet and Other
Window coverings:
Blinds
Heating / Cooling:
Gas mains
Electrical:
TV points, TV aerial
Property Features:
Safety switch, Smoke alarms
Chattels remaining:
Blinds, Fixed floor coverings, Stove, TV aerial
Kitchen:
Open plan, Upright stove and Finished in Laminate
Living area:
Open plan
Main bedroom:
Double
Main bathroom:
Separate shower
Laundry:
Separate
Views:
Urban
Aspect:
West
Outdoor living:
Entertainment area (Uncovered and Paved)
Fencing:
Fully fenced
Land contour:
Flat
Grounds:
Tidy
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to shops, Close to schools, Close to transport
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Harcourts North Geelong

127 Separation St
North Geelong
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Property Location