Price Range $4,800,000 - $5,250,000
An extraordinary investment opportunity available for the first time, this portfolio comprises five stunning modern townhouses located in a trendy Ascot Vale pocket where cafes, schools, parks and transport are all just a short walk away. For investors seeking a solid return on attractive rental homes, this suite of five is currently delivering approx. $167k p.a. in combined rental income and shapes as an enticing opportunity for ongoing returns of 3-3.5%.
• Five near-new townhouses offered as one
• 3 x 3-bedroom and 2 x 2-bedroom
• Unique investment with strong rental return
• All with paved courtyards and garage parking
• Appealing location close to trams and Union Road
On land totalling approx. 1022sqm, these deluxe modern residences are being offered as one large-scale investment, currently sitting on one title with a proposed plan of subdivision. Approx. 2 years old, they each feature bright open-plan living, heating/cooling, quality stone-bench kitchens and private alfresco spaces. In a broadly appealing lifestyle location just a short walk to the Maribyrnong River and its walking and bike trails, Union Road shops and cafes, city trams and local buses, Flemington Racecourse, Showgrounds Village shops and Ascot Vale West Primary School at the end of the street.
