8 Dale Street
Kennington VIC 3550
$690,000 - $720,000
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FOUR UNITS & A HOUSE - BLUE CHIP INVESTMENT!
This well positioned investment opportunity is one of a kind, positioned in a highly coveted precinct with immense potential. This complex offers multiple incomes on the one investment with a classic cream brick home, plus the bonus of four separate, one bedroom, one bathroom brick units at the rear, each of the units & home currently tenanted & returning just under $45,000 per annum.
With immense flexibility based on your investment needs. Absolutely ideal for the portfolio. Site measures: (1,232 sq.m), options are aplenty!
1,232 sq.m allotment of land.
Four separate units. Each containing one bedroom, one bathroom, kitchen & laundry facilities.
Off-street parking for each of the units.
Cream brick home features three large bedrooms, central bathroom, updated kitchen with open plan meals area. Retro yet functional bathroom, large lounge, and private courtyard.
Rates per annum approx: $4,418.65
Water per annum approx: $5,246.00
Reasonably presented this is a safe & secure investment for the future. Always tenanted the occupancy risk is low as there is a high demand for this style of accommodation, due to the inner city location & one bedroom, low maintenance affordable living. Close to University, Schools, Kennington Village and Bendigo’s CBD, easy access to public transport and all amenities.
Buyers - Act Fast.