268 Stony Point Road, CRIB POINT VIC 3919

For Sale

Situated in Mornington Peninsula’s 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)
– Explore transforming into a short stay rental property targeting the recreational fishing industry with plenty of existing open space for boat and vehicle parking!

Contact Sean Crimmins to book your private inspection!

Inspection Times:

Agent Details
Sean Crimmins
Mobile: 0411734814
Phone:
Email: Contact
Price:$Fully Leased Unit Block!
Address: 268 Stony Point Road
City:CRIB POINT
State:VIC
Zip Code:3919
Bedrooms:8
Bathrooms:6

Listing Inquiry