Sold 229 Torquay Road, Grovedale
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229 Torquay Road, Grovedale

Auction Sale - Sold on Sep 22, 2012

$406,000

bed 2 bed 1 bed 1

Unit Block - Securely Leased

An opportunity to maximise your investment dollar has arisen with the sale of this block of units. The three units, currently returning $435 per week ($22,640 per annum), has the potential for capital improvement with subdivision (STCA) and/or renovations. Alternatively, or whilst you are awaiting approval, it has a fantastic return and with three long term tenants in place, it is a secure long

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Location

Property statistics

  • Median house price

    $675,000


  • Days on market

    -


  • Victorian auction clearance rate

    85%


  • Auctions last week in Victoria

    634


Data sourced from REIV

Schools

Grovedale Primary School

143 Bailey Street Grovedale

0.7km

Nazareth School

Griffith Street Grovedale

1.0km

Mandama Primary School

10 Corang Avenue Grovedale

1.1km

Grovedale West Primary School

Noila Street Grovedale

1.2km

The floorplan, measurements of rooms and land size are approximate. Jellis Craig does not accept any liability or responsibility for any inaccuracy in any plan, drawing or rendering used in the advertising material to describe the land and/or the property and/or any described features.
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