1-5/93 Barton Street, Reservoir VIC 3073
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Block of Five: Instant Returns & Growth Potential in Premium Location!
**Inspections By Appointment Only**
Smart investing at its finest: presenting a rare golden opportunity to secure a well-maintained boutique block of five villa units, in an in-demand address surrounded by local convenience, footsteps from Edward Park Lake, train stations and shops. All units are securely leased with a total annual return of approx. $76,044 per annum ($6337pcm). While offering plenty scope to add value through renovation, resale and rent increases, each apartment currently comprises:
-Two spacious bedrooms with BIRs
-Well-equipped kitchen/meals with gas appliances
-Spacious living room
-Central bathroom with shower and bath - separate WC
-Separate laundry
-Secure off-street parking for one car on title
-Split system heating/cooling
Superbly positioned walking distance to popular Edwardes Park Lake recreation, Edwardes Street shops and cafes, newly revamped Reservoir train station, primary schools, parklands, easy freeway access and only 13km into the heart of the CBD. With strong demand for quality rental properties in this community-minded area, investors seeking to boost portfolios with instant returns and outstanding future growth will quickly recognize the immense potential on offer - sure to impress and certainly not to be missed!
Smart investing at its finest: presenting a rare golden opportunity to secure a well-maintained boutique block of five villa units, in an in-demand address surrounded by local convenience, footsteps from Edward Park Lake, train stations and shops. All units are securely leased with a total annual return of approx. $76,044 per annum ($6337pcm). While offering plenty scope to add value through renovation, resale and rent increases, each apartment currently comprises:
-Two spacious bedrooms with BIRs
-Well-equipped kitchen/meals with gas appliances
-Spacious living room
-Central bathroom with shower and bath - separate WC
-Separate laundry
-Secure off-street parking for one car on title
-Split system heating/cooling
Superbly positioned walking distance to popular Edwardes Park Lake recreation, Edwardes Street shops and cafes, newly revamped Reservoir train station, primary schools, parklands, easy freeway access and only 13km into the heart of the CBD. With strong demand for quality rental properties in this community-minded area, investors seeking to boost portfolios with instant returns and outstanding future growth will quickly recognize the immense potential on offer - sure to impress and certainly not to be missed!