Occupying a stellar seaside spot almost equidistant from the sheltered sands of Carrum’s beautiful bay beach and the glittering Patterson Lakes marina, this established four-unit complex represents a fabulous opportunity to supersize your property portfolio.
In easy walking distance of the station, shops, school and sand, this is a rock solid investment in an area of strong and growing rental demand, with the four units (all on the one title) currently returning a combined $57,084 P/A.
All currently tenanted, three of the four units have been refreshed and modernised with floating timber floors, new paintwork, reverse-cycle airconditioning and smartly updated kitchens, leaving only Unit 2 in original condition as a project for the handy investor/tradesman.
Finished in timeless black and white, the kitchens feature quality appliances including an under bench oven, gas cooktop and rangehood, while combined bathroom/laundry configurations make good use of space.
By shoring up this substantial 900m² (approx.) bayside holding today you can sit back and enjoy competitive returns as this ultra-convenient cul-de-sac backing onto the Roy Dore Reserve continues to appreciate, setting the stage for future development (STCA) when the time is right.
Extra features include solid brick construction, built-in robes to bedrooms, private rear yards to Units 2,3 & 4, large private courtyard to Unit 1, four car ports and additional parking to the rear,
** Internal photos are of various units in no particular order **
- Split-System Air Conditioning
- Split-System Heating
- Courtyard
- Fully Fenced
- Built-in Wardrobes
