Ray White Box Hill is pleased to present 43 Morton Street for sale, via Auction.
This entire complex represents a remarkable investment opportunity to acquire a unit block consisting of 4 units (8 Bedrooms 4 Bathrooms 4 Car Parks) and 1 retail areas to be offered in one line.
Comprising a three (3) story building with two street frontages, completed in March 2019. Currently leased with an annual passing income of $145,200 (approx.) with scope to increase.
Strategically located in a high growth precinct, complex is located opposite Monash University Clayton Campus, M CITY Shopping Centre with over 20 speciality stores anchored by Woolworths and Kmart.
Additional highlights of the property are outlined below:
? Favourable unit mix of 4 x 2 bedroom, and 1 retail
? Diverse income streams
? Ideal for investors, strata sell down groups or housing providers
? Efficient floor plan layouts with balconies
? All units with split system air-conditioning
? Low maintenance complex
? Depreciation benefits
? Ideal opportunity to capitalise on the current housing shortage, migration boom and rising rents
? Opposite Monash University Clayton
? Walking distance to M City Shopping Center
The property will be offered for sale via Auction, Saturday 3 August 2024 at 11 am.
For more information, please contact the below exclusive selling agents.