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124-126 Moreland Road, Brunswick VIC 3056

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Properties / Buy / Victoria / Brunswick

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Apartment Sites, Townhouse Sites

Land Area

1,372 m² (*approx)

Selling Method

For Sale: $3,675,000

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2. Property Highlights

10 Leased units over 3 buildings $159,000p.a income plus development upside (S.T.C.A) Brunswick Investment Gem

Situated on two titles and offering a total allotment of 1,372sqm approx. this rare offering includes a large street frontage of 28.35m and potential for a large-scale residential development or simply hold with $159,000/annum income. Additionally modernise/renovate the existing dwellings for increased capital growth.

* 10 units across 3 buildings presently reside on the land with off street parking
* Current Income $159,000/annum
* Dimensions: Frontage 28.35m x Depth 48.43m- 1,372sqm approx.
* General Residential Zone 1

Brunswick offers a unique and vibrant community, which assists in the growth of the already broad demographic. Public transport is just moments away, and regularly services the area. Just 5km north of Melbourne CBD, the location holds strong appeal for professionals, commuters and city-dwellers. Inspections by appointment only.

Contact Richard Rose for information memorandum.

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