120 Balmain Road, Mickleham, VIC 3064

Seize the chance to invest in a high-yielding, well-maintained display home with a strong lease in place. Located at 120 Balmain Road, Mickleham, this exceptional Metricon property is leased for the next 3 years at $63,600 per annum(approx.), providing a reliable income stream. The tenant also covers all outgoings including council rates, water rates, and insurance-an additional saving of approximately $15,000.

Property Highlights:

4 Spacious Bedrooms: Comfortably accommodating families with ample room and modern finishes.

3 Generous Living Areas: Versatile spaces perfect for relaxation and entertainment.

2 Outdoor Decked Areas: Enjoy two separate outdoor retreats, including a stylish alfresco area for entertaining.

Beautiful Kitchen: Featuring a walk-in pantry and high-quality appliances, ideal for culinary enthusiasts.

Spacious Laundry: Convenient and functional for everyday needs.

High Ceilings: Adding a sense of grandeur and openness throughout the home.

Heating/Cooling : Refrigerated Cooling system installed in the house.

Double Garage: Includes extra space for a workshop, providing practicality and additional storage.

Investment Benefits:

Stable Income: Secure lease at $63,248 per annum.

Additional Savings: Tenant covers all outgoings, saving approximately $15,000 annually.

Attractive Return: Enjoy strong returns from a premium property in a growing area.

Don't miss this exceptional investment opportunity in Mickleham's sought-after locale. Contact us today to learn more and secure this promising property.

Please Note : All inspections are appointment only and can be arranged any day except Thursday and Friday.

Due diligence checklist - for home and residential property buyers -

http://www.consumer.vic.gov.au/duediligencechecklist