13 Railway Road & 14 Lithgow Avenue, BLACKBURN, VIC 3130
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Property Highlights

Aged Care Investment on Huge 4,082m2* - UNDER OFFER

A longstanding Aged Care/Special Residential Services facility known as ‘Crofton House’, situated at 13 Railway Road and 14 Lithgow Avenue Blackburn is now available For Sale.

This is a perfect investment offering a current income of $463,750.20 pa and land bank opportunity for the future.

Key features :

- 45 place Special Residential Services (SRS) facility

- Total land area: 4,082m2*

- Sought after Residential Growth Zone - Schedule 2

- Within central Blackburn's multi level residential and commercial development precinct

- Two street access

- New Five (5) year lease from 1 August 2018 with further terms of 5+5 years

- Supported Residential Services are exempt from State Land Tax

The subject property is conveniently located a short walk from Blackburn Train Station, with fantastic cafes and shops at Blackburn Village including IGA Supermarket; and beautiful Blackburn Lake nearby. Whitehorse Road Mega Mile is also in close proximity to the property, together with South Parade and Blackburn Road.


Remember to mention you found this property on DevelopmentReady.com.au

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