Located in dynamic precinct of Hoppers Crossing, this fully let block of units offers significant scope to add additional value whilst offering long term development potential (STCA).
Sprawling parcel of land offering 1,055 sqm of GRZ1
4 two bedroom units fully leased on 1 title
Holding income of $59,460 per annum*
Scope to significantly value- add, strata sell down or future development opportunity (STCA)
Located next door to Woodville Shopping Centre and merely minutes to both Werribee Plaza and Hoppers Crossing retail precinct
Idyllic family precinct with Warringa Park School, Woodville Primary and a number of parks within 100-200 m of the property
Median house price in Hoppers Crossing for 2 bedrooms now $465,000 (source ***)
Short stroll to Hoppers Crossing train station and hospital precinct
To obtain further information or inspect the properties, please contact Knight Frank directly.