This property has huge potential. 3 units built on a large block in a commercial zone already occupied by fantastic tenants. The units are in excellent condition, the current rental returns are huge and due to its location on Main Street, close to the train station, bus stops and shops you should have no trouble leasing them out in the future as well.
You will discover the opportunities and options this property has to offer when you’re deciding between keeping it as residential units, converting and leasing them out as offices, renovating or demolishing them (STCA).
As Pakenham grows the value will boom so jump in quick before you miss this rare opportunity.