Ray White Coburg proudly presents...
Welcome to 1-8/22 Selbourne Street, Coburg, an extraordinary chance for developers and investors to seize a once-in-a-lifetime opportunity. This remarkable corner property, currently offering a lucrative $106,000 rental return (potential market value should sit at $170,000 per annum), sits on approximately 1176 sqm of land with two street frontages. It comprises 8 x 2 bedroom apartments, boasting spacious layouts and convenient onsite parking.
Set within walking distance of Moreland Road shops and the cultural commons of Sydney Road, this quiet residential precinct is highly regarded, placing the lifestyle & entertainment districts of Brunswick within easy reach. Underscoring it all is blue-chip accessibility qualified by buses and two separate tram lines just around the corner.
Future tenants will be able to immerse themselves in the vibrant surroundings of this prime location, where they find excellent connectivity to public transport, parks, renowned schools, train stations, and popular restaurants and cafes.
Don't let this once-in-a-lifetime investment opportunity in Coburg slip away. Contact Ray White today to arrange an inspection and turn your dream of lucrative property ownership in this prime location into a reality.
Highlights
Extraordinary development opportunity
Entire complex up for sale
1176 sqm (approx) building envelop
Walk to Sydney Road
Highly regarded lifestyle district
