1-14/22 Empire Street, FOOTSCRAY VIC 3011

$2,950,000 to $3,150,000
141414
Open for Inspection
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Features

  • Block Of Units
  • 14 bed
  • 14 bath
  • 14 Carport

A RARITY – WHOLE BLOCK OF 14 UNITS

In highly-sought inner suburban Footscray, a ‘SOLID GOLD’ opportunity exists to acquire this entire block of units in a Residential Growth Zone that is set to experience dramatic upside.

On offer are 14 x 1-bedroom units each comprising one bedroom, kitchen & meals area, living room and bathroom with their own dedicated car parking space on one title. Land size approximately 1021sqm. Currently twelve units are occupied with two remaining vacant for inspection purposes. With current rentals in place and potential for further increases, the minimum achievable rent is around $150,000 to $160,000 per annum!!

Don’t miss this rare opportunity located perfectly in proximity to all amenities, schools, universities & just 8 km from the CBD. This is an excellent opportunity to purchase, maintain current rentals, with loads of future upside in income and improvements well and truly available. This incredible package is ideal for the investor/developer, with scope for further refurbishment, or to redevelop (STCA).

Don’t hesitate to make these yours!!

Further details Terry Cooper 0411 852 508 or Philip Mazzella 0418 360 789 or Tracey Dean 0433 279 103

Inspection Times

Listing Agent

Terry Cooper
0411 852 508
Contact Agent