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MALVERN EAST, 616 – 618 Warrigal Road, Victoria, Úc

MALVERN EAST, 616 – 618 Warrigal Road, Victoria, Úc

Description

Property Highlights: Unlock Investment Potential

Explore the outstanding features of this property that make it an exceptional investment opportunity:

  1. Diverse Apartments: 13 meticulously finished 1 and 2-bedroom apartments, all under a single title, offering future potential for strata subdivision and individual sales (STCA).
  2. Quality Interiors: Well-appointed spaces with top-notch appliances, some units come fully furnished, ensuring immediate comfort for residents.
  3. Versatile Income Streams: Ideal for long-term investments or generating current income. Apartments are either leased with one-year residential agreements or have a successful track record on Airbnb.
  4. Retail Stability: Ground floor retail shop secured with a 5-year lease until 2027, extendable to 2032, ensuring stable income.
  5. New Construction: Newly built in 2022, allowing substantial depreciation benefits for savvy investors.
  6. Strategic Acquisition: Strategic purchase with future possibilities, including long-term investments and potential sell-down options (STCA), supported by a drafted strata plan.
  7. Prime Location: Close to major transportation hubs such as Holmesglen Train Station and key bus routes. Directly opposite Chadstone Large Format Centre and Chadstone Shopping Centre, Australia’s largest and globally recognized shopping destination.
  8. Abundant Amenities: Surrounded by lifestyle facilities like Malvern Valley Golf Club, Ashwood Reserve Playground, Homlesglen Reserve, Glen Iris Private Hospital, and Holmesglen Institute.
  9. Desirable Suburb: Located in Malvern East, a sought-after area with a median house price of $2,125,000 and $633,500 for two-bedroom apartments, promising steady property value growth.
  10. Blue Chip Council: Situated within the City of Stonnington, a prestigious metropolitan council boasting a Gross Regional Product of $10.13 billion*, ensuring a stable economic environment.
  11. Projected Income: Anticipated net income of $417,071 annually, contributing to a robust investment portfolio.

Explore a wealth of investment opportunities. Contact us for detailed insights and secure your stake in this lucrative venture.

Address

  • City Melbounre
  • State/county Victoria
  • Country Australia

Details

Updated on October 7, 2023 at 8:45 pm

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