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1-8/24 Walsh Street Ormond, VIC 3204

1-8/24 Walsh Street,
Ormond, VIC 3204

Development Sites & Land

Price information

Sale - Auction Thu 18 Jul

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Key property information

Land area

Car spaces

Property extent

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$102,000
Number of Tenants
8 Tenants

Auction

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Invest with Confidence! Enhance Your Portfolio with Exceptional Returns

Experience a unique investment opportunity at 1-8/24 Walsh Street, Ormond! For the first time ever on the market, this property boasts 8 spacious 2BR apartments, each complemented by its own car park.

Occupying approximately 858sqm of prime real estate, this block presents an annual rent of $102,000. With a strong history of long-term tenants exceeding 30 years, this offering provides stability and the opportunity to increase rents closer to market value to increase the overall yield from day one!

Seize this exceptional chance to enhance rental income and elevate property value immediately.

Situated in proximity to Ormond station and local shops, this property offers effortless access to transportation hubs, ensuring connectivity is at your doorstep.

With esteemed educational institutions like Kilbreda and McKinnon Primary School in the vicinity, this location caters to families and individuals alike. Embrace the ease of urban living while reaping the benefits of a thriving community setting.

Don't miss out on this prime location teeming with endless possibilities, where convenience meets investment potential!

Property ID: 504625236Last Updated: 27 Jun 2024

04173775...
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1-8/24 Walsh Street
Ormond, VIC 3204
Ray White - Carnegie
77 Koornang Road
CARNEGIE, VIC 3163
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