1-4/500 Gilbert Road, Preston VIC 3072

Situated in easily Preston's most sought after pocket with the tram stop at your doorstep is this unique opportunity to purchase an existing site of 4 villa units on one title, this should please the most fastidious of investors. Currently returning a generous $65,196 Per annum, with the genuine potential of returning a mind blowing $80,000 Or more per annum once refurbished. This amazing property on 816.5sm approx. offers the potential to purchase as a lifelong investment or develop a project (subject to council approval). The front unit is a sizeable 3 bedroom, while the back three units all offer two bedroom accommodation. All units have a central bathroom, open plan kitchen/meals/living area & separate laundry facilities. Each unit also has its own allocated car space. Situated under 10kms away approx. to the CBD and only minutes' drive to Northland Shopping Centre, Preston Market, schools & train station. This is a rare & unique opportunity that can't be matched! Call Daniel Nardella today on 0423488822 to find out more info.