Price Undisclosed

6 Bed  •  2 Bath  •  0 Car

Main view of Homely house listing, 263 Mt Dandenong Tourist Road, Ferny Creek VIC 3786
Second view of Homely house listing, 263 Mt Dandenong Tourist Road, Ferny Creek VIC 3786
Third view of Homely house listing, 263 Mt Dandenong Tourist Road, Ferny Creek VIC 3786
+6

Sold

263 Mt Dandenong Tourist Road, Ferny Creek VIC 3786

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Price Undisclosed

  • 6
  • 2
  • 0

House Sold on Mon 19 Jan, 2015

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House description

“FREEHOLD WITH GREAT RENTAL RETURNS!”

If you are looking for a worthwhile investment opportunity to reap the rewards and prosper for the future, then this property could end all your searches! Located in the much sought after location of Ferny Creek in the Stunning Dandenong Ranges, this corner block with main road frontage is sure to impress. With beautiful period features including open fire places, high ceilings and timber sash windows, the commercial shop front is the quintessential Hills character property that you would expect. With a great return of $31,000 per annum which includes a lease for a further 3 years with built in CPI increases of 3% each year, this really is a super return for the potential investor. The shop also features separate kitchen facilities as well as two toilets and a laundry space. Set at the rear of the property, you will be surprised by a fully self-contained, separately leased residence. Returning approximately $11,000 per annum, The Cottage features OFP, gorgeous timber floorboards, fully functional kitchen, separate ensuite and laundry, as well as elegant established gardens on the quarter acre approx. block on land. This property is a must see for the astute investor and is sure to tick all the boxes!!



Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.

Property features

toilets

Toilets: 3

Fourth view of Homely house listing, 263 Mt Dandenong Tourist Road, Ferny Creek VIC 3786View more
Fifth view of Homely house listing, 263 Mt Dandenong Tourist Road, Ferny Creek VIC 3786View more

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263 Mt Dandenong Tourist Road, Ferny Creek VIC 3786
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