1/1525 Dandenong Road, Oakleigh VIC 3166

For Sale $550,000

  • 1 Bed
  • 1 Bath
  • 100.62 sqm (approx) Land Area

Blue Chip Investment Returning $30,000 Per Year!

What makes this the perfect investment property?

Rent: $30,000 per year (+ Outgoings)

Gross Rental Return: 5.45% (approx.)

Body Corporate Fees: $816.48 per quarter (approx.)

Council Rates: $534 per quarter (approx.)

What this property has to offer:

· 100sqm (approx.) of floor space

· Benchtop with sink and cupboards

The location is within walking distance to:

· 5 min walk to bus service on Warrigal Rd

· 10 min walk to Chadstone Shopping Centre

· 13 min walk to Oakleigh Railway Station

· 4 min drive to Monash Caulfield Campus

· 7 min drive to Monash Clayton Campus

Currently leased. Located off main road with great street frontage and naming rights. 73 apartments in the building, next door retail shop has already been leased out and operating. Main road exposure. Neighbours include KFC and Hungry Jacks.

Benefitting from excellent passing traffic, the site is of 100sqm approx. of floor space encompassing a shop front, plus a kitchenette and a carpark space, and a storage. Common restroom within the apartment complex.

Huge demand in the area and excellent opportunity for owner operating business or investment with a healthy rental yield.

Terms: 10% deposit, balance 30/60/90 days

PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice.

Make enquiry

MORTGAGE CALCULATOR




  

This property is proudly listed by:

First National Real Estate Janssen & Co 1143 Burke Road
Kew VIC 3101

Open for Inspection

By Appointment

Additional information

Property Type Apartment
Property ID 12036100182
Price $550,000
Living Area 100 sqm (approx)
Land Area 100.62 sqm (approx)