Right in the heart of Springvale, within a couple minutes walking distance to train station and shops, sits this amazing real estate opportunity. One title, comprising of 4 x 1 bedroom units returning $50,000 per annum, plus a substantial allotment area of 913m2 (approx) in the high density zoned pocket. Most units have been updated and are great condition to keep as a rental for many years.
Being in residential growth zone, your ability to subdivide and build units/townhouses/apartments down the track is a genuine option.
This is a rare chance to secure a rewarding long term investment, as well as securing a block with abundance in potential.
