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10 Stud Road
Dandenong VIC 3175
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Sold on 12 May 2023

10 Stud Road Dandenong VIC 3175

  • Other
  • 560 m²
  • Sold, $2,800,000

RARE OPPORTUNITY TO INVEST, RENOVATE OR HOLD - 8 APARTMENTS

    Collins Commercial is proud to offer for Expression Of Interest, this quality block of 8x 2-Bedroom apartments, each with their own title, to be sold as one parcel as an investment. This makes a great investment for the smart investor and / or superfund manager.

    These units offer outstanding opportunity for capital growth and rental income, plus easy maintenance.

    Well presented, double brick construction together with suspended concrete slab ceiling/floor, each unit comprises 2 generous sized bedrooms, kitchen and meals area, spacious lounge/living area, bathroom with laundry facilities, separate toilet, first floor units enjoy their own balcony, and on-site parking.

    Fantastic location, close to Dandenong Plaza Shops, Dandenong Market, public transport including buses, Dandenong train station, and easy highway and freeway access to other suburbs for work or play.

    The units are leased to many long-term tenants, and this investment offers the best in size, location, and zoning for future development (RZ 1, = Residential Growth Zone 1).

    Excellent opportunity for capital growth to suit your long-term investment goals or superfund requirements

    * Great central location; handy walk to Market & shops
    * Rock-solid construction
    * Long term tenants
    * Opportunity for capital growth
    * Current rental $110,048 PLUS rental from currently vacant unit 1 ($18,204 / year)

    Property Highlights

    Date Sold12 May 2023
    Sold Price$2,800,000
    Floor Area560 m²
    Land Area1,032 m²
    ParkingAsk Agent
    Property ID2018440236
    Category
    Last updated  15 May 2023
    Map for 10 Stud Road Dandenong VIC 3175

    Property Highlights

    Date Sold12 May 2023
    Sold Price$2,800,000
    Floor Area560 m²
    Land Area1,032 m²
    ParkingAsk Agent
    Property ID2018440236
    Category
    Last updated  15 May 2023

    Co-Agents

    Collins Commercial & Industrial
    Call
    0412 589 250
    Collins Commercial & Industrial
    Call
    0412312176

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