Exquisitely renovated, brick Edwardian home of 7 main rooms, appealing to the discerning investor with 3 additional independent and fully self-contained units having separate and private side street access. All three units all currently leased at $1106 (each/average) per calendar month (total currently $3318 and is rising to $3450 in August). Plus potential lease of the main residence at $700 per week brings the total potential rent to $77,800 per annum (approx.) Or live in the main residence and collect $41,400.00 per annum as secured income from your home’s units (to service any mortgage at all).
Current zoning of Residential 1B applies and all units are new, modern and very well designed. The main house is a fully newly renovated’ period masterpiece with high ornate ceilings, leadlight, fretwork, full gas ducted heating and ducted vacuum system, two OFP’s, modern kitchen with new Coonara heater, reverse cycle air conditioning and two new bathrooms with excellent north facing extended deck to soak up the sun. Architect designed traditional heritage complementary rose garden with large recycled rainwater tanks and system. Very convenient position close to all transport (10 minutes train/drive to Melbourne CBD, close shopping, with parklands and Seddons’ Caf and restaurant precinct only a short stroll away.
Superb investment in blue chip location.
A must see.