56 Shirley Crescent, Woori Yallock VIC 3139

Securely leased to a fantastic Fixed Term tenant through until August 2021. Current Gross Annual return of close to 3.5% with a further increase in rent due at the beginning of the 2nd year of the Term.
A neat, clean & tidy 3 bedroom BV with double carport at the side & storage shedding at the rear. There’s also a large timber bungalow & kids cubby. The home has gas ducted heating throughout & a box air-conditioner in the lounge room. Bedrooms 1 & 2 have built-in-robes, there’s a well presented bathroom & a separate toilet. A timber deck & veranda spans the rear of the home & there’s a substantial covered outdoor entertaining area with filtered views of distant hills.
Property at this level is hard to secure & will certainly be a capital growth winner in the years to come. Woori Yallock is a friendly community, has a great Primary School & all local services including a Bendigo Bank and is only 15 a minute commute to Lilydale.

Inspection will be by private appointment only so please call Lachlan Mitchell on 0417532386 to discuss further.
*NB. Under the Residential Tenancies Act the Lease cannot be forcibly terminated by the Landlord without due cause so if you’re wanting vacant possession before August 2021 this one’s not for you.