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House

70 Kanooka Grove CLAYTON, VIC 3168

Sold for $1,114,000 on 6 Dec 2014Floorplan
  • 8 Beds
  • 6 Baths
  • 2 Cars
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70 Kanooka Grove, CLAYTON, VIC 3168

House in CLAYTON

Huge current rental income + Plans and permits for 8 Apartments

  • 8 Beds
  • 6 Baths
  • 2 Cars

Capture the accommodation needs of the massive hospital workforce opposite.
This property offers the flexibility of:
Developing the property with the existing plans approved
Holding the property and pre selling apartments whilst receiving existing rental income
Tweaking the existing plans and permits to maximize any new development
Securing a property investment with reliable income generated from 8 tenancies areas
The existing property is a well established council-registered class 1B rooming house. The property consists of 8 bedrooms, 5 bathrooms, 6 toilets with rental $7100 per month (annualized of $85,000 approx).

The property will be sold as is complete with all furniture and fittings and plans and permits comprise 8 apartments with carparking and balconies.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by consumer affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features:
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Double Garage
Land:

700m² / 0.17 acres

Bedrooms:

8

Bathrooms:

6