Property for Sale in Clifton Hill, Vic 3068
Clifton Hill, Vic 3068
Private sale
7
5
5
Phone Enquiry ID: 225401
This investment opportunity represents a 4.6% gross return, excluding capital gains achievable for a prime located inner city property. The asking price of $2.75M has a gross rental income of $125.5kpa, all securely leased.
Representing a rare opportunity to acquire this unique property, it consists of 5 Strata Title apartments located in the much sought after location of Clifton Hill.
Consisting of 3 X 1 bedroom & 2 X 2 bedroom apartments all renovated to the same high standard with the following attributes:
• Ceasarstone kitchen benchtops with waterfall ends;
• 2 apartments recently updated with induction cooktops to become all electric(no gas);
• Modern stylish bathrooms with shower/bath/toilet & laundry facilities;
• Efficient split system heating & cooling;
• Own private balcony;
• Separately individually titled under-cover car park;
• Secure stairwell access;
• All apartment rooms have windows to maximise light and ventilation, bedrooms with BIRs.
This prime inner city location gives residents the advantages of easy access to:
• Trains/buses/trams to the city;
• Extensive parklands & trails of Merri Creek and the Yarra River;
• Local cafes and restaurants in the Clifton Hill Village precinct and adjacent locales.
The property is in a prime location to take advantage of the strong local rental market.
This investment opportunity represents a 4.6% gross return, excluding capital gains achievable for a prime located inner city property. The asking price of $2.75M has a gross rental income of $125.5kpa, all securely leased.
Representing a rare opportunity to acquire this unique property, it consists of 5 Strata Title apartments located in the much sought after location of Clifton Hill.
Consisting of 3 X 1 bedroom & 2 X 2 bedroom apartments all renovated to the same high standard with the following attributes:
• Ceasarstone kitchen benchtops with waterfall ends;
• 2 apartments recently updated with induction cooktops to become all electric(no gas);
• Modern stylish bathrooms with shower/bath/toilet & laundry facilities;
• Efficient split system heating & cooling;
• Own private balcony;
• Separately individually titled under-cover car park;
• Secure stairwell access;
• All apartment rooms have windows to maximise light and ventilation, bedrooms with BIRs.
This prime inner city location gives residents the advantages of easy access to:
• Trains/buses/trams to the city;
• Extensive parklands & trails of Merri Creek and the Yarra River;
• Local cafes and restaurants in the Clifton Hill Village precinct and adjacent locales.
The property is in a prime location to take advantage of the strong local rental market.
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