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2-6 Melaleuca Drive Clarinda, VIC 3169

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2-6 Melaleuca Drive,
Clarinda, VIC 3169

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$3,231,000

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Map of 2-6 Melaleuca Drive

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Unique Opportunity With High Rental Return On 2,065sqm (approx)

Rarely does such a significant opportunity presenting unlimited potential appear in such a prominent location. Offering:
* Achmore Lodge- Low to medium private aged care facility
* 16 bedrooms & 9 bathrooms
* Approximately 27 tenants
* Returning an attractive $126,294pa + G.S.T + outgoings
* Lease expiry 20 February 2019 with long term tenant
* Common areas and lounge
* Industrial kitchen
* Renovate the existing layout
* Redevelop with multiple townhouses or apartment complex (STCA)
* Land size of 2,065sqm (approx)
* RGZ3 Zoning
* Up to 9 month settlement available

Idyllically located, walking distance to Talbot Park, buses and St Andrew Catholic Primary, and just moments to Clayton train station, Clarinda Primary and Namatjira Park.

*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.

Property ID: 502773250Last Updated: 9 Jul 2018

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2-6 Melaleuca Drive
Clarinda, VIC 3169

Detailed listing

Buxton - Oakleigh
21-23 Atherton Rd
OAKLEIGH, VIC 3166

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