$1,025,000

2 Bed  •  1 Bath  •  0 Car

Main view of Homely block of units listing, 184 Knight Street, Shepparton VIC 3630
Second view of Homely block of units listing, 184 Knight Street, Shepparton VIC 3630
Third view of Homely block of units listing, 184 Knight Street, Shepparton VIC 3630
+2

Sold

184 Knight Street, Shepparton VIC 3630

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$1,025,000

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Block of Units Sold on Wed 2 Nov, 2016

What's around Knight Street

Block of Units description

“Outstanding investment opportunity”

This 10 unit complex is now up for sale for the first time in 15 years

Located at the eastern end of Knight Street surrounded by quality real estate properties the development offers a rare opportunity to build on or extend your Investment portfolio. The property is accessed through a remote controlled gate to a central driveway to all the units. Each unit comprises 2 bedrooms, lounge, kitchen and meals area. A number of the units have been improved in recent times with all units having separate water meters.

Our conservative owner currently receives a return of $79,000 approx. per annum but with a little work rental could easily increase to around $90,000.

Subject to Council approval the units could possibly be separated into 10 titles enhancing value and future saleability.


Buyer Ranged $1,000,000 to $1,200,000 Value at $1,100,000.

Fourth view of Homely block of units listing, 184 Knight Street, Shepparton VIC 3630View more
Fifth view of Homely block of units listing, 184 Knight Street, Shepparton VIC 3630View more

Contact the real estate agent

Alan Rossignoli

Rossignoli Real Estate

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184 Knight Street, Shepparton VIC 3630
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