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For sale
Block_of_units • 12mo
$2,950,000 - $3,200,000
1 8/55 Mitchell Street, Northcote, VIC, 3070, Australia
8
8
8
668 m²
Nearest stations
Northcote
819M (10 mins)
Dennis
884M (11 mins)
Westgarth
1.0KM (13 mins)
About this Property
Potential for Multi Townhouses (STCA)
Currently - 8 x 1 Bedroom Apartments on One Title
Or supercharge your investment portfolio, get the most out of your super, make the most of the family trust with this terrific complex of eight apartments with frontage to Mitchell St and two frontages to ROW's totaling 668m2 allotment (approx.) that promises a regular low fuss income.
Perfectly positioned just moments stroll from all the delights of High Street and transportation. Each apartment has had works done to them over recent years and offer one generous bedroom, large separate living room, central bathroom, kitchen meals area and 2 x communal laundry facilities.
Currently all securely tenanted returning $134,000 (approx.) PA and there is scope over time to increase rental income, even more so after further cosmetic refurbishment.
Alternatively, you may wish to redevelop the entire block and strata title each apartment for maximum return.
For further information please call Belle Property Blackburn.
Currently - 8 x 1 Bedroom Apartments on One Title
Or supercharge your investment portfolio, get the most out of your super, make the most of the family trust with this terrific complex of eight apartments with frontage to Mitchell St and two frontages to ROW's totaling 668m2 allotment (approx.) that promises a regular low fuss income.
Perfectly positioned just moments stroll from all the delights of High Street and transportation. Each apartment has had works done to them over recent years and offer one generous bedroom, large separate living room, central bathroom, kitchen meals area and 2 x communal laundry facilities.
Currently all securely tenanted returning $134,000 (approx.) PA and there is scope over time to increase rental income, even more so after further cosmetic refurbishment.
Alternatively, you may wish to redevelop the entire block and strata title each apartment for maximum return.
For further information please call Belle Property Blackburn.
Statement of Information
View Statement of InformationIn compliance with Estate Agents Act 1980
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James Moss
Belle Property Blackburn
+ 61 0418 333 676
Adrian Stefanetti
Belle Property Blackburn
+ 61 0488 555 647
Adrian Stefanetti
Belle Property Blackburn
+ 61 0488 555 647
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More Details on 1 8/55 Mitchell Street, Northcote VIC
How many bedrooms and bathrooms does 1 8/55 Mitchell Street, Northcote have?
1 8/55 Mitchell Street, Northcote is a 8 bedroom, 8 bathroom block_of_units.
Who is the agency that listed 1 8/55 Mitchell Street, Northcote?
The agency who listed 1 8/55 Mitchell Street, Northcote is Belle Property Blackburn - you can contact the agents here.
How many car spots does 1 8/55 Mitchell Street, Northcote have?
1 8/55 Mitchell Street, Northcote is a 8 car spot home.
How much is 1 8/55 Mitchell Street, Northcote?
The price of 1 8/55 Mitchell Street, Northcote is $2,950,000 - $3,200,000 - contact the agents to find out more.