In a sought after Thornbury pocket, this is a rare & unique investment opportunity to secure a block of 8 apartments all on one title (close to Egan & Strettle Reserves & Miller Street/Gilbert Rd shops). Positioned on a large underdeveloped corner allotment, this represents an ideal location that is convenient for renters & with future potential for expansion (STCA).
With a solid & secure rental history, all apartments are securely leased & comprise 8 x one bedroom apartments - providing a great & steady income stream.
Apartments are spacious, well presented & a mix of renovated & unrenovated. Each apartment comprises separate kitchen, bathroom with shower over bath, separate light-filled lounge room & spacious bedroom. The complex provides a communal laundry on site as well as off-street car parking for all 8 apartments.
Don't miss out on this opportunity to secure an income-generating asset with vast potential. Superbly located in Thornbury & close to shops & public transport on Gilbert Road/Miller Street & with lush surroundings at Egan & Strettle Reserves - not to mention Merri Creek River & Trail at the end of the street.
Inspections
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Contact Daniel Stocco to learn more about this property, request an inspection or take an online tour.
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Thornbury suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
19,005
Listing ID: 182039756. This listing has been viewed 26 times. It was first displayed on 27/10/2023 and last updated on 16/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.