Well-Groomed Zone Opportunity
Zone in and relax with a well-groomed investment .or roll up your sleeves and add value to this McKinnon College Zone property. Comprising a substantial up to four bedroom, 1.5 bathroom residence, a partitioned approx 30sqm shopfront, two large storeroom areas and auto-garage, this versatile property offers excellent rewards and exceptional potential in the heart of the fast-developing McKinnon Rd strip.
Currently leased to a motivated tenant on a two year lease with three year option this well-presented retail property offers a strong current rental return of $11,700 pa, while the residence offers an abundance of well-presented gas-heated and reverse-cycle accommodation including robe-fitted bedrooms plus study/fourth, open-plan living and quality kitchen with prestige appliances including Miele oven. Potential rental of the dwelling is $335pw ($17,420pa)
Combine home and investment in this high-amenity location, enjoy a multi-use investment on this thriving strip, or maximise this approx 260sqm Zone property with residential development. With the College within four blocks, a Zone 1 station within 150 metres and cutting-edge new housing all around, you'd be
Lot/Plan No: 17/LP7797