1-10/1-3 Isla Street, Sunshine North VIC 3020

INSPECTIONS ARE FOR PRIVATE APPOINTMENTS ONLY – Please contact Agent to register, no walk-ins available unfortunately.



A rare opportunity has to acquire an outstanding residential growth zoned investment. Secure a whole block of 8 x 1 bedroom and 2 x 2 bedroom strata titled apartments on 1,200m2 of residential growth zone land.

The 10 units comprise of 8 x 1 bedroom & 2 x 2 bedrooms, bathroom, kitchen with adjoining open plan lounge/dining as well each separate titled car space.

In close proximity to Northumberland Road Shopping, Victoria University, Hampshire Road, Sunshine Train Station and only 12km to CBD.

Please note: the property is currently self managed with no fixed leases. There has been no rental increases for a number of years and the current passing rent in total is $1,940 per week ($8,406.66 per calendar month) - all tenants pay 4 weeks in advance and all on the same day each month.

Potential Rental - $3,160 per week ($13,693.33 pcm. approx.)

DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020