1-6/4 Kinkora Road, Blackburn VIC 3130

Offering the opportunity to secure a readymade investment with an incredible rental yield and excellent scope to refurbish or redevelop (STCA) these 6 single level units are presently on the one title and are offered for sale as a whole.

The most recent rental income when fully leased was approx. $93,000 per annum. Presently two of the units are vacant. Comprising four x 2-bedroom units and two x 1-bedroom units with each unit having its own car space. Full details of individual lease terms & incomes are available on request.

Each unit is rated separately for Council Rates and has a separate water meter.

Occupying approx. 897m2 of General Residential Zoned (GRZ1) land, the site has excellent scope to enhance the existing development or rebuild and start anew (STCA).

Perfectly located for an investment, moments to Blackburn High School, both Blackburn Primary and Old Orchard Primary School, Koonung Reserve, local parks, Blackburn Lake Sanctuary, North Blackburn Shopping Centre, buses, and Laburnum/Blackburn Stations. You are also a short drive to Westfield Doncaster, Box Hill Central, and Eastern Freeway/Eastlink.


Conditions of Entry
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