14 Bedroom Blockofunits, Melbourne VIC
$1,100,000 - $1,200,000

STAWELL - PLEASE READ ON - POTENTIAL PLUS?

Property Description
Located at Stawell, some 2 hours from Melbourne up the Western Highway, are these 14 units on extra-large allotment with a proposed plan for another 10 units at council. Leasing for around $120.00 per week per unit, some units fully renovated and the others in good condition, this is an ideal investment for an astute buyer. Why pay thousands of dollars more in other major capital cities? Why not buy a property with this amount of potential? Why have the bank breathing down your neck because of the extra overdraft required to do this type of development in another larger city? Seriously, do yourself a favour and do the sums? Why Stawell, simple, it''s only 2 hours to Melbourne, has good infrastructure and offers affordable living. This is a one off investment/development with vendor wanting all offers submitted.

Price: $1,100,000 - $1,200,000
Geoff Sullivan 0428 503 423




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