1-2/61 Macrina Street, Oakleigh East VIC 3166

With 2 units on a single title, currently leased and resting on a large allotment of approx. 750 M2, this property is a ready made investment offering instant returns, making it great for investors or those with extended families and those with self-managed superannuation funds.
Furthermore, you could also look at their potential for renovation and subdivision, meaning that they could be re-rented or on-sold separately in the future that could provide you with an attractive short term windfall.
And then, developers could also explore its potential for a complete redevelopment (STCA) which would also always be attractive, due to its proximity to local shopping, buses, Amsleigh Primary Schools, Chadstone Shopping Centre, Oakleigh Central, Clayton Central, Monash University and major arterials.
UNIT 1: STREET FRONT UNIT!
With timeless appeal, this street front unit will impress. It features 2 living areas, a big modern kitchen, 3 bedrooms, bathroom, ducted heating, 2 air conditioners, a brick garage and private front courtyard.
UNIT2:
A PERFECTLY POSITIONED REAR UNIT!
The rear on a block of just 2, this unit features a lounge/dining room, neat kitchen, 3 bedrooms, family bathroom, ducted heating, a spacious courtyard and single brick garage.
Here, it's all about the location with great opportunities to be had!