1-4/113 Commercial Street, Merbein, VIC, 3505

For Sale

1-4/113 Commercial Street, Merbein, VIC, 3505

$1,000,000 to $1,100,000

Unit

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30+ days on the market

View agent price guide

What's around 1-4/113 Commercial Street

PRICE REDUCTION!

A closely held block of units, located in Central Merbein, is a rock solid investment that provides an excellent return. The four (4) solid brick units are all on the one Title, on an allotment of 1207 M2. Each unit is in very good order, currently, fully tenanted for at least 12 months and have two bedrooms and one bathroom. The current rental appraisal for each unit is $310 per week. Based on the asking price range that is a 6.5% return on investment, (better than bank interest), plus ongoing capital gain. This blue-chip investment, in a fast growing town that has attracted a lot of attention from investors for good reason, represents excellent investment value. The asking range is now $1 M to $1.1M. All enquiries to be directed to John Fumberger on 0408 147 001. Property Code: 681