Strategic Investment With Value Add Upside!
Situated in Mornington Peninsulas growth corridor these 6 1-2 Bedroom units represent a strong investment returning 5% while offering plenty of value and upside to improve returns! Features include: – Four 1 bedroom and Two, 2 bedroom units – All Long term tenants – 1,694sqm of land – Largely well maintained – Current Return Circa $57,000 PA – Close to schools, shops and transport – Immediate vicinity to HMAS cerberus which is undergoing a $430 Million Dollar redevelopment – Possibility for redevelopment (stca) Contact Sean Crimmins to book your private inspection!
|Price:||$Circa 5% Return|
|Address:||1-6/268 Stony Point Road|