Land size: 651 m2
$1,170,000
A fantastic investment with future development potential (STCA) is offered with this main road exposed property currently returning a rental income of $30,000 per annum with yearly increases of 5.00%, all outgoings are paid by the tenant that has been operating as a dentistry for many years.
Adjacent to a medical clinic and Kerrie Road shops meters from Glen Waverley Primary, Glen Waverley Secondary, The Glen Shopping Centre and with public transport at the door combined with easy access to Eastern and Monash freeways a great blue chip opportunity presents itself for one lucky buyer to reap the return and plan for the potential future development. Zoned; General Residential Zone - Schedule 2. Presently leased until 14th May 2018 with one further option of 3 years.
Due diligence checklist for residential property buyer- http://www.consumer.vic.gov.au/duediligencechecklist
Features
Land size: 651 m2
Air Conditioning
Broadband
Built-In Robes
Floorboards
Fully Fenced
Gas Heating
Floorplans and Virtual Tours
Every precaution has been taken to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property’s current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
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