Perfectly positioned on a quiet street in ever-popular Wendouree, with multiple schools, Stockland shopping centre, Wendouree Station, public transport and more all available nearby, this unique property presents a rare opportunity to secure a low maintenance, high yield, triple-income investment with exciting future subdivision and development potential.
Comprised of one two-bedroom front unit, and two additional one-bedroom dwellings, each with one bathroom, single carport and storage unit. Each unit features an open plan kitchen, dining and living area, units two and three enjoy split-system heating and cooling, while unit three has been recently repainted with new floor coverings throughout.
The neat and tidy, low maintenance 754m2 (approx.) allotment offers future development potential (STCA), with the opportunity to subdivide and construct multiple dwellings in a highly sought after location.
Currently leased to three excellent long-term renters, with the potential for an approximate gross rental return of 5.5%, this property will not last long. Act now to avoid missing out, enquire today for more information and to schedule a private inspection.
Ballarat's Best Selling Team
