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10 John Street
wendouree
VIC, 3355

$800,000

listing rooms 4
listing bathrooms 3
listing parking 3

Exciting Investment Opportunity in Booming Wendouree

Perfectly positioned on a quiet street in ever-popular Wendouree, with multiple schools, Stockland shopping centre, Wendouree Station, public transport and more all available nearby, this unique property presents a rare opportunity to secure a low maintenance, high yield, triple-income investment with exciting future subdivision and development potential.

Comprised of one two-bedroom front unit, and two additional one-bedroom dwellings, each with one bathroom, single carport and storage unit. Each unit features an open plan kitchen, dining and living area, units two and three enjoy split-system heating and cooling, while unit three has been recently repainted with new floor coverings throughout.

The neat and tidy, low maintenance 754m2 (approx.) allotment offers future development potential (STCA), with the opportunity to subdivide and construct multiple dwellings in a highly sought after location.

Currently leased to three excellent long-term renters, with the potential for an approximate gross rental return of 5.5%, this property will not last long. Act now to avoid missing out, enquire today for more information and to schedule a private inspection.

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About wendouree

median Unit price

315000

median Unit rent

310

suburb rental yield

5.1%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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