Welcome to an incredible investment opportunity! Imagine owning a building that houses not just one, but six charming 2-bedroom apartments, each equipped with a superb kitchen, full bathroom, large lounge and dining area plus a laundry. This is the perfect chance to venture into the real estate market and secure a promising future.
Boasting a corner position with dual frontages on Blackburn Rd and Morton St, conveniently located across the road from M City shopping complex, IKEA and walking distance to Monash University and the Monash Heart Hospital, this building offers unmatched accessibility for potential tenants with everything just a stone's throw away.
The apartments themselves are thoughtfully designed to provide comfort and functionality. With two spacious bedrooms, residents will have ample space to relax and unwind after a long day. The well-appointed bathrooms are perfect for rejuvenating moments, while the fully equipped kitchens are ideal for preparing delicious meals.
Furthermore, the inclusion of laundry facilities in each apartment ensures convenience and ease for your tenants. No more hauling laundry baskets to distant laundromats - everything they need is right at their fingertips.
Investing in this building guarantees financial growth with all apartments currently rented, generating an annual return of approx $110,000. For the astute investor, revisiting the current lease agreements or renting out individual rooms can significantly improve the returns.
Those looking at redevlopment opportunities will surely be attracted by the significant local ameneties, with the Blackburn Rd and corner location providing potential for high density, multi-level construction or extending upwards on the current building (STCA).
Don't miss out on this incredible opportunity to become a prominent real estate owner. Act now and secure your future with this remarkable building filled with six 2-bedroom apartments, each boasting a bathroom, laundry and kitchen. Contact us today to take the first step towards a lucrative investment journey.
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