1-8 214 Biggs Street, St Albans VIC 3021

Not often does an opportunity like this arise in the market place. Extremely rare and highly sought after, this block of 8 delightful apartments is set on a massive allotment of 1200sqm (approx) offering enormous scope for future development (STCA). Leased to long term tenants the current income is $82,272 per annum with potential for a higher return.
Structurally very sound and comprising of 2 x 2 bedroom and 6 x 1 bedroom apartments. Each apartment offers a large living area, separate kitchen, central bathroom with plumbing for laundry facilities or a common laundry can be used. There are ample parking facilities for both onsite residents and visitors. Located in a premier street with shops, schools, transport and other recreational facilities close by this is an excellent opportunity not to be missed.
Whether you choose to strata title and further develop these apartments or secure a sound investment for the future, the choice is yours.