51 Station Street, Burwood, Vic 3125

AUCTION $3,200,000 - $3,520,000

Under Contract

Rural
  • 26
  • 14
Property ID: 135993634 More details

8 UNITS, 1 OPPORTUNITY ON 920 SQM (APPROX.) OF LAND

51 Station Street, Burwood, Vic 3125

Description

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A remarkably rare opportunity, these 8 renovated units on one site present the lucky purchaser with a wide range of exciting scenarios. Whether it be for instant investment rewards, short or long term gains, the facts remain the same; these homes occupy a massive allotment of 918sqm (approx), in a location loaded with every lifestyle advantage. Currently offering four 4 bedroom units, two 3 bedroom units and two 2 bedroom units, with a combined income of $300,000pa (pre covid) and currently returning half rent.
For now, sit back and reap the income stream whilst you explore the array of redevelopment options including potential for a boutique apartment complex (STCA). A prized location, moments to Deakin University, Presbyterian Ladies College, trams, local shops, restaurants, parks and reserves.
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Basic info

  • Property Type Rural
  • Land Size 9,881.27 sq ft (approx)
  • Rooms 26 bedrooms 14 bathrooms
  • Address 51 Station Street, Burwood, Vic 3125

Interior features

Exterior features

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