Lots 1-2/268 Stony Point Road, CRIB POINT VIC 3919

6 Units On 2 Titles - Fully Leased! - Offers Closing On 28th April 2025.

Block Of Units - CRIB POINT VIC

*Inspections via Private Appointment Only*

Lots 1 & 2 plus associated common ground For Sale as a whole!

2061sqm allotment with 6 units (across 2 titles and common ground) fully leased showing a strong return!

Situated in Mornington Peninsula’s growth corridor these six 1-2 bedroom units represent a strong investment offering a decent return while offering plenty of value and upside to improve returns!

Features include:
– Six units – U1 is 2 bed, U2 is 1 bed, U3 is 2 bed, U7 is 1 bed, U8 is 1 bed, U9 is 1 bed
– All long term tenants
– Largely well maintained
– Close to schools, shops and transport
– Immediate vicinity to HMAS Cerberus
– Space for further development (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!

All figures and measurements are approximate.
Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Contact Sean Crimmins or Blake McConville for further information

Agent Details