Ray White Oakleigh is delighted to offer one lucky purchaser this outstanding multi tenanted, freehold investment opportunity located in the affluent suburb of Oakleigh.
Currently operating as a boarding/lodging house and returning $191,000 per annum gross, this unique home is perfect for the astute investor looking to add a high-yield investment to their property portfolio.
Constructed in 1912 and immaculately maintained to the highest standard, this property will present one lucky purchaser with exceptional value in the present and capital growth for many years to come.
Do not miss out, inspection a must.
Property Features Include:
- Total Land Area: 635m2 (approx)
- Currently returning $191,000 per annum gross.
- Potential for annual rental of $275,000 gross when at full capacity
- 5 Bedrooms including granny flat at rear
- 3 Bathrooms
- 10 beds in total
- General Residential Zone 2 (GRZ2)
- Main road exposure
- 17 meter street frontage (approx)
- Outstanding location - minutes from Chadstone Shopping Centre
For further information please contact one of the exclusive marketing agents
Gareth Apswoude - 0408 659 045
Joshua Colosimo - 0413 790 309