* Invest or Develop! *
Sold - 95-97 Langhorne Street, Dandenong
Investment opportunity, Development/Land (Residential)
Sale Details
Sold on 10 Oct 2013 for $1,380,000
| Building Area | 450m² |
|---|---|
| Rate | $3,067 per m² |
| Yield: | 5.61% |
| Land Area | 1375m² |
|---|---|
| Rate | $1,004 per m² |
Overview
| Sale History ID: | 21168 |
|---|---|
| Property ID: | 8862 |
| Advertised Price: | $1,380,000 |
|---|
Description
Outstanding opportunity to purchase a fantastic freehold property in the heart of Dandenong.
The property comprises six residential units on six individual titles; all with existing leases currently returning a total of $77,472.00 per annum.
On a prime corner site with a total land area of 1,375m2 (approx), this quality property offers endless options including investment, refurbishment or development.
A convenient location within 3 blocks to Dandenong Plaza and adjacent to Dandenong Park adds to the appeal of this outstanding opportunity.
Public transport facilities servicing the area include train and bus services from nearby Dandenong Railway Station, located just 1 kilometre (approx) away.
For more information please visit http://langhornestreetdandenong.cva.net.au/
Enquire today!
Additional Info
| Features |
|---|
| Tenancy | Refer to tenancy schedule |
|---|---|
| Lease Term | Refer to tenancy schedule |
| Commenced | Refer to tenancy schedule |
| Rent Review | N/A |
| Bond/Guarantees | Refer to tenancy schedule |
| Outgoings Payable | By landlord |
| Availability | Upon settlement |
| Car Spaces | 6 onsite (1 per unit) |
| Permits Issued | None |
| Suitable Development | Residential |
| Zoning | Residential 2 Zone (R2Z) |
| Outgoings |
|---|
| Owners’ Corporation | To be confirmed |
|---|---|
| Council Rates | To be confirmed |
| Water Rates | To be confirmed |
| Land Tax | To be confirmed |
| Other Charges | To be confirmed |
Agent Details
Bradley Ellul
M | 0418 136 612
T | (03) 9623 2567
E | [email protected]