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1 Meaker Avenue, Oak Park, VIC, 3046
Oak Park
This exceptional investment is one of those rare opportunities that's hard to look past.
Set on approximately 835sqm, the complex comprises of five 2-bedroom units, each with a car space and private courtyards, packaged all on one title and in a prime residential location.
The block represents a strategic buy and hold option, further improvement potential or even redevelopment potential (STCA). While some of the units have had renovation upgrades in recent years, there is great potential for a full renovation, adding value to each and the opportunity to potentially separate into 5 titles to sell off individually achieving maximum profit in doing so.
(STCA).
With an estimated lettable return of approximately $90,000 per annum, the location is exceptional. Only meters from Oak Park Train Station, St Francis De sales. Oak Park Primary, Snell Grove Shopping Precinct, Oak Park Aquatic Centre, parks and reserve close by and only 12km to Melbourne CBD. An opportunity not to be missed, in a key economic centre bolstered by government development and key transport links.
Follow The Link Below To Register For The Auction:
https://anywhereauctions.com.au/app/property?propertyId=19224
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Remember to mention you found this property on DevelopmentReady
This exceptional investment is one of those rare opportunities that's hard to look past.
Set on approximately 835sqm, the complex comprises of five 2-bedroom units, each with a car space and private courtyards, packaged all on one title and in a prime residential location.
The block represents a strategic buy and hold option, further improvement potential or even redevelopment potential (STCA). While some of the units have had renovation upgrades in recent years, there is great potential for a full renovation, adding value to each and the opportunity to potentially separate into 5 titles to sell off individually achieving maximum profit in doing so.
(STCA).
With an estimated lettable return of approximately $90,000 per annum, the location is exceptional. Only meters from Oak Park Train Station, St Francis De sales. Oak Park Primary, Snell Grove Shopping Precinct, Oak Park Aquatic Centre, parks and reserve close by and only 12km to Melbourne CBD. An opportunity not to be missed, in a key economic centre bolstered by government development and key transport links.
Follow The Link Below To Register For The Auction:
https://anywhereauctions.com.au/app/property?propertyId=19224
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Remember to mention you found this property on DevelopmentReady
1 Meaker Avenue, Oak Park, VIC, 3046
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
