$2,400,000

15 Omar Street, Maidstone VIC 3012

16 Bed

8 Bath

8 Car

580 m²

$2,400,000

15 Omar Street, Maidstone VIC 3012

16 Bed

8 Bath

8 Car

580 m²

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RARELY OFFERED, BLOCK OF APARTMENTS

Always wanted to own your “own block” of apartments?

Here is your opportunity to secure one of the last remaining single ownership blocks in the area.

Revel in your chance to secure this investment with huge potential.

The Property:
- Block of eight flats, all on one title
- Four two-bedroom flats, four one-bedroom flats (all currently tenanted)
- Land of approximately 580m2
- Quickly becoming considered as an "inner-city" location
- Close to amenities such as Highpoint Shopping Centre, bus/tram stops, Medway Golf - Club, schools and Central West Shopping Centre

The Opportunity:
- Potential to subdivide and sell as individual properties
- Potential for renovations and improvements for a higher return
- Safe investment with a current rental return of $98,016.00 per annum
- Potential rental return of $111,360.00+ per annum

Location

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