AUCTION: WEDNESDAY 19TH AUGUST AT 12 NOON ON-SITE
Building Area: 232m2 (approx)
Returning $66,300pa NET
3 separate tenancies plus advertising sign
Distinguished inner city suburb
Rear access and undercover parking
Potential rental growth
Tightly held precinct
Future development potential (STPA)
Huge frontage to Hotham Street
Superbly located and with four individual income streams, this prime corner in the heart of Ripponlea provides a rare opportunity for an excellent investment.
The imposing building comprises of a Dentist on the ground floor and two office tenancies upstairs. It also features an advertising sign on the eastern wall.
Prospects as such as this are rare, and more so in a demanding market where valuable properties are scarce.
Lot/Plan No: 1/TP427042
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