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Rare as hen's teeth, this 702m2 (approx.) block with three existing units on site is a promising opportunity for Investors to keep the rental income flowing, or for Developers who want to take this site as their next subdivision or redevelopment project (STCA). Perfectly proportioned and almost completely flat, this is a block that builders dream of, together with the inspiring location that has Monash University literally steps away, as well as a straight forward commute to the Monash Fwy, bus and train services and a selection of schools and shops. A healthy combined rental income of $3781.00 pcm is a significant drawing card for potential buyers, offering the flexibility to maintain the existing tenants as your ongoing investment, as well as having the income stream whilst planning any future building on the property. Each of the existing units which are all under the one roof line provide 2 bedrooms, a kitchen/meals zone, separate living and carport accommodation. For more information contact Ken Anthony Solarino 0403 036 626 or Peter Laspas 0407 869 135. Photo ID required at all inspections.
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LJ Hooker Clayton
Ph: (03) 9543 4100 Email Office
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