SoldNorlane VIC 3214Other12-22 Gavin Street
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Eric Ly
+ 61 0435 895 281
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Sold

Block_of_units

SOLD on Feb 2024
$1,325,000

12-22 Gavin Street, Norlane, VIC, 3214, Australia

6Bedrooms
6Bathrooms
1077 m²Land size
Map of the surrounding area
Nearest stations
Station
North Shore
556M (7 mins)

Property Features

  • Built-in Robes
  • Air Conditioning

About this Property

Ability to have 6 separate incomes in the increasingly popular suburb of Norlane. This property has loads of potential. Set on one title this 1,077m property will appeal to those seeking a high return investment, with minimal out goings and represents a great addition into a self-managed superfund. All having just recently been renovated. The 6 1 bedroom 1-bathroom properties have all been leased out. Totaling approximately $92,560 per annum representing an unprecedented above 7% return across the block. Add to this the potential growth in property prices in Norlane with its close proximity to transport, shopping centres and schools. In addition to the exceptional location, you could potentially strata title the units (STCA) or continue to value add to the property which could further increase incomes. This property represents a very attractive investment, where the potential is up to your imagination!

If you have any further questions, please don't hesitate to contact
Eric Ly – 0435 895 281
Elsa Zhang – 0422 042 709

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Eric Ly

start icon5.0(3 reviews)
Harcourts - North Geelong
+ 61 0435 895 281
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More Details on 12-22 Gavin Street, Norlane VIC

How many bedrooms and bathrooms does 12-22 Gavin Street, Norlane have?

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12-22 Gavin Street, Norlane is a 6 bedroom, 6 bathroom block_of_units.

Who is the agency that listed 12-22 Gavin Street, Norlane?

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The agency who listed 12-22 Gavin Street, Norlane is Harcourts - North Geelong - you can contact the agents here.

How many car spots does 12-22 Gavin Street, Norlane have?

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12-22 Gavin Street, Norlane is a 0 car spot home.

How much is 12-22 Gavin Street, Norlane?

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The price of 12-22 Gavin Street, Norlane is $1,325,000 - contact the agents to find out more.