Grundrisse
Investors, builders, and developers take note, this is a rare opportunity to purchase a landmark property in a prime location (STCA)
Prime Location, Landmark Property with Huge Development Upside
Set on approx. 454 sqm block, this unique building offers two 4-bedroom, 1-bathroom apartments and two commercial shops.
Positioned in the tightly held market of Spotswood and within walking distance public transport, schools, cafes and direct access to the West Gate Bridge, this property presents endless opportunities for an astute buyer.
All properties within are currently leased - returns are as follows.
- 143 Hudsons Rd - (Commercial Office)
Lease term 5 years starting on the 1st October 2022, ending on the 29th September 2027. Current rental return per annum is approx. $31,827.
- 143A Hudsons Rd - (Residential Lease), 4 Bedroom - 1 Bathroom - 3 Car
Lease term 2 years starting on the 6th August 2024, 2 years with lease ending 5th August 2026. Current rental return per annum is approx. $23,988.
- 145 Hudsons Rd - (Commercial Office)
Periodic tenancy agreement. Current rental return per annum is approx. $31,616.88.
- 145B Hudsons Rd- (Residential Lease), 3 Bedroom - 1 Bathroom - 2 Car
Lease term 12 months starting on the 1st February 2024. Current rental return per annum is approx. $22416.00.
Please call for further information.