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1-5/93 Barton Street
Reservoir VIC 3073
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Sold on 12 Apr 2022

1-5/93 Barton Street Reservoir VIC 3073

  • Development / Land
  • 980 m²
  • Sold

Block of Five: Instant Returns & Growth Potential in Premium Location!

    Smart investing at its finest: presenting a rare golden opportunity to secure a well-maintained boutique block of five villa units, in an in-demand address surrounded by local convenience, footsteps from Edward Park Lake, train stations and shops. All units are securely leased with a total annual return of approx. $76,044 per annum ($6337pcm). While offering plenty scope to add value through renovation, resale and rent increases, each apartment currently comprises:

    - Two spacious bedrooms with BIRs
    - Well-equipped kitchen/meals with gas appliances
    - Spacious living room
    - Central bathroom with shower and bath separate WC
    - Separate laundry
    - Secure off-street parking for one car on title
    - Split system heating/cooling

    Superbly positioned walking distance to popular Edwardes Park Lake recreation, Edwardes Street shops and cafes, newly revamped Reservoir train station, primary schools, parklands, easy freeway access and only 13km into the heart of the CBD. With strong demand for quality rental properties in this community-minded area, investors seeking to boost portfolios with instant returns and outstanding future growth will quickly recognize the immense potential on offer - sure to impress and certainly not to be missed!

    AUCTION

    Auction date and time09/04/2022 15:00
    Auction location1-5/93 Barton Street, Reservoir VIC

    Property Highlights

    Date Sold12 Apr 2022
    Floor Area350 m²
    Land Area980 m²
    ParkingAsk Agent
    Property ID2017669108
    Category
    Last updated  12 Apr 2022
    Map for 1-5/93 Barton Street Reservoir VIC 3073

    Property Highlights

    Date Sold12 Apr 2022
    Floor Area350 m²
    Land Area980 m²
    ParkingAsk Agent
    Property ID2017669108
    Category
    Last updated  12 Apr 2022

    Co-Agents

    Rick Daniel
    Rick Daniel
    Nelson Alexander Commercial
    Call
    0409 737 985
    Andrew Melilli
    Andrew Melilli
    Nelson Alexander Commercial
    Call
    0438072779

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