$1,010,000

4 Bed • 1 Bath • 10 Car • 1966m²

Main view of Homely block of units listing, 262 Merri Crescent, Warrnambool VIC 3280

Second view of Homely block of units listing, 262 Merri Crescent, Warrnambool VIC 3280

Third view of Homely block of units listing, 262 Merri Crescent, Warrnambool VIC 3280

+10

Sold

Fourth view of Homely block of units listing, 262 Merri Crescent, Warrnambool VIC 3280

Sold

262 Merri Crescent, Warrnambool VIC 3280

Copy address

$1,010,000

4Bed
1Bath
10 Car
1966m²

Block of Units Sold on Fri 27 May, 2016

What's around Merri Crescent

Block of Units description

“Charming Period Home with 6 units included, situated in Premier Location”

Think Big.

Unique opportunity exists for the aspiring investor or developer to acquire this quality property in excellent location with ocean views.
Rent out, renovate, reconfigure or completely redevelop (STCA).
Prestigiously located in one of Warrnambool's most sought after addresses, the existing configuration of six two bedroom single story units and an early Victorian period residence with attached carports.
Two units have been fully renovated and all units and residence have on going leases in place.
South West Health Care is a few hundred metres to the north with ocean to the south and golf course views provide appealing outlook.

Currently returning gross $68,900pa before outgoings @ $1,180,000 = 5.84%