This blue chip block of units is located in a prominent position close to Sherwood Central Shopping Precinct, schools, transport, casual cafes and much more.
The configuration comprises:
3 x 2 bedroom | 1 bathroom | 1 car and;
2 x 1 bedroom | 1 bathroom | 1 car accommodation
Additional information:
• 809m2 medium density site eligible for D/A for multi-unit / multi-storey site 5 levels
• Walk to local shopping precinct including Woolworths, Medical, casual cafes and Sherwood State School
• Public transport at front door
• Ideal superannuation fund investment holding or re-development to capitalise on current
• Multi-level zoning
• Flood free
• Rental potential approx. $110,000 per annum
Unit 1 - Lease expiry 28/02/2025 at $390 per week increasing to $450
Unit 2 - Lease Expiry 28/02/2025 at $420 per week increasing to $450
Unit 3 - Lease Expiry 14/01/2025 at $380 per week increasing to $450
Unit 4 - Lease Expiry 08/09/2025 at $370 per week
Unit 5 - Lease Expiry 09/02/2025 at $330 per week increasing to $400
Council Rates: $2,105.15 per quarter
Water Rates: $1,227.00 per quarter
For Sale by Private Treaty
Opportunities like this are rare, register your interest today!
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