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Ray White - Box Hill

43 Morton St Clayton, VIC 3168

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43 Morton St,
Clayton, VIC 3168

Shops & Retail • Other
Added 3 days ago

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Sale - Auction Sat 10 Aug

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Ray White - Box Hill
Dennis Shi
William Shen

Ray White - Box Hill

2/542 Station St
BOX HILL, VIC 3128
Ray White - Box Hill
43 Morton St
Clayton, VIC 3168

Detailed listing

Map of 43 Morton St

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  • Train stations within 5 km of 43 Morton St, Clayton, VIC 3168Distance
    Clayton Station1.8 km
    Westall Station2.3 km
    Huntingdale Station3.3 km
    Springvale Station3.7 km
    Glen Waverley Station4.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 43 Morton St, Clayton, VIC 3168Distance
    41-Cantala Ave/Dandenong Rd (Armadale)3.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 43 Morton St, Clayton, VIC 3168Distance
    Wellington Rd/Blackburn Rd (Clayton)43 m
    Blackburn RdWellington Rd119 m
    Centre for Nanofabrication/Wellington Rd (Clayton)270 m
    Princes Hwy/Blackburn Rd (Clayton)381 m
    Monash University/Wellington Rd (Clayton)382 m
    POWERED BY HERE ©
POWERED BY HERE ©

7.5% Return Entire Complex of 4 Units + 1 Retail Areas

Raywhite Box Hill is pleased to present 43 Morton Street for sale, via Auction.

This entire complex represents a remarkable investment opportunity to acquire a unit block consisting of 4 units (8 Bedrooms 4 Bathrooms 4 Car Parks) and two (1) retail areas to be offered in one line.

Comprising a three (3) story building with two street frontages, completed in March 2019. Currently leased with an annual passing income of $145,200 (approx.) with scope to increase.

Strategically located in a high growth precinct, complex is located opposite Monash University Clayton Campus, M CITY Shopping Centre with over 20 speciality stores anchored by Woolworths and Kmart.

Additional highlights of the property are outlined below:

• Favourable unit mix of 4 x 2 bedroom, and 1 retail
• Diverse income streams
• Ideal for investors, strata sell down groups or housing providers
• Efficient floor plan layouts with balconies
• All units with split system air-conditioning
• Low maintenance complex
• Depreciation benefits
• Ideal opportunity to capitalise on the current housing shortage, migration boom and rising rents
• Opposite Monash University Clayton
• Walking distance to M City Shopping Center

The property will be offered for sale via Auction, Saturday 3 August 2024 at 11 am.

For more information, please contact the below exclusive selling agents.

Property ID: 504627268Last Updated: 30 Jun 2024

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