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13
sold
House
+ 10

1087 Burke Road
Hawthorn East VIC 3123

House
3
1
4
714m2 (approx)
UNDER CONTRACTWed 19th January
UNDER CONTRACT

Agent

Nathan Hick

0431 894 433

James Brougham

0412 620 498

Office Contact

Barry Plant Croydon

03 9725 9855

High-yield investment with development potential.

Advantageously situated in a coveted school and lifestyle precinct, this registered rooming house promotes both investment and development prosperity with its substantial 5-bedroom accommodation returning a high rental yield, while its rectangular 714sqm (approx.) allotment calls for obvious consideration as a multi-unit or new home development site (STCA).

Presented in comfortable condition, the existing dwelling is introduced by a generous entrance foyer that draws you draws you through to the rear of the home where a shared kitchen with walk-in pantry and sunroom provides access out onto the deep backyard.

Configured to maximise rental returns, the lounge with open fireplace and separate dining room are currently being employed as bedrooms, with a further three bedrooms bring the rooming capacity up to a total of five (potentially earning a total rental amount of nearly $60,000 per annum, minus utilities and fees).

Furthermore, the home offers a family bathroom, separate toilet, high ceilings, single carport, double car spaces plus additional parking along the lengthy driveway.

Commanding complete convenience, opposite Canterbury Girls' College, within walking distance to Auburn Primary, Camberwell High, Camberwell Grammar, trams and trains, Camberwell shops, restaurants and parks.

Property Features

  • Close to Schools
  • Close to Shops
  • Close to Transport

Agent

Nathan Hick

0431 894 433

James Brougham

0412 620 498

Office Contact

Barry Plant Croydon

03 9725 9855