1-6/27 Ellt Crescent, Noble Park VIC 3174

An investor's dream, this property represents a significant opportunity to capitalise on high rental yields, but it's not just a great rental return you'll find here, the refurbished nature of this site and its desirable location sets it apart from similar multi-unit sites.

Take advantage of these well-maintained and spacious single-level Villa Units set on a huge 992.6sqm (approx.) block and offer an outstanding opportunity for capital growth potential. Currently on 1 title with the opportunity to subdivide into individual titles, this group of 6 units - 5 two-bedroom and 1 one-bedroom is perfect for the savvy buyer who likes to set and forget.

This unit complex is superbly maintained with outstanding tenants providing you with a stress-free rental income of $96,420 per annum (approx). Set in a quiet street, yet so close to an abundance of amenities, these Villa Units consistently attract a strong and stable tenancy.

Each of the six tenanted units features:
-Open plan large lounge, adjoining kitchen with gas appliances, and ample cupboard space
-Built-in robes to bedrooms
-Central bathroom with laundry facilities and separate toilet.
-Covered carport – 6x car spots and 2 visitor car spots (total of 8 spots)
-Separate water metre
-Separate gas metre
-All compliances complete to current government standards and regulations

Situated in one of the best locations in Noble Park, only minutes to Noble Park station, local shops and supermarkets, Noble Park primary school, and easy access to Eastlink & Monash. 15-minute walk to Sandown Park train station, public schools, children playground, and a short drive to Monash University. Ideal first home for budget buyers or a terrific first-time investment.