12-22 Gavin Street, Norlane, Vic 3214

Bedrooms
6
Bathrooms
6
Area
1077m2
Type
Block Of Units

Last updated on Monday, February 19, 2024

$1,325,000

12-22 Gavin Street, Norlane, Vic 3214 - More Details

$1,325,000

Ability to have 6 separate incomes in the increasingly popular suburb of Norlane. This property has loads of potential. Set on one title this 1,077m property will appeal to those seeking a high return investment, with minimal out goings and represents a great addition into a self-managed superfund. All having just recently been renovated. The 6 1 bedroom 1-bathroom properties have all been leased out. Totaling approximately $92,560 per annum representing an unprecedented above 7% return across the block. Add to this the potential growth in property prices in Norlane with its close proximity to transport, shopping centres and schools. In addition to the exceptional location, you could potentially strata title the units (STCA) or continue to value add to the property which could further increase incomes. This property represents a very attractive investment, where the potential is up to your imagination!

If you have any further questions, please don't hesitate to contact
Eric Ly – 0435 895 281
Elsa Zhang – 0422 042 709
Type
Block Of Units
Bedrooms
6
Bathrooms
6
Area
1077m2

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12-22 Gavin Street Norlane VIC 3214

Property FAQs

How many bedrooms does the property listed 12-22 Gavin Street, Norlane, Vic 3214 feature?

12-22 Gavin Street, Norlane, Vic 3214 is a 6 bedroom Block Of Units.

What are the standout features of the 12-22 Gavin Street, Norlane, Vic 3214?

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What is the total land area and built-up area of the 12-22 Gavin Street, Norlane, Vic 3214?

The total land area and built-up area of the 12-22 Gavin Street, Norlane, Vic 3214 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 12-22 Gavin Street, Norlane, Vic 3214?

There were no car spaces found on the listing for 12-22 Gavin Street, Norlane, Vic 3214.

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