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.

Also the Auction will be conducted at Bombay Real Estate office at 244 epping Road Wollert.

Due diligence checklist - for home and residential property buyers -

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