$2.4M Two sold as One
205 McKinnon Road, McKinnon VIC 3204
House
41
Block size: 228 m² approx.
Development Opportunity in McKinnon School Zone.
A rare opportunity exists for an Astute buyer looking for a long term investment in the McKinnon school zone. Two Titles to be sold as one.
Sitting in Commercial Zoning, with a North rear, the land dimensions are as follows:
205 McKinnon Road: 6.2 x 36.8m = 228.4sqm Approx.
207 McKinnon Road: 6.0 x 36.8m = 223.4sqm Approx.
Total Land Size: 451.8sqm Approx. No easements or Restrictions.
Build Up to 14 Apartments, or 10 High Quality Apartments, with 2 retail shops on the ground floor and Rear Parking Access. Architectural designs provided by well known Sharp Building Design Located in Carnegie, ready to assist you in your planning and building project.
Property Description:
205 McKinnon Road: Comprises of a front office/reception. 4 separate offices, and kitchen to the rear, plus 2 wc, and rear yard.
Rental Yield: (potential)$36,398 + GST+ Outgoings./ current $22K+ GST + outgoings.
207 McKinnon Road: Comprises of a front shop ( that can be separated from rear Dwelling), A Family Living, open plan Kitchen, 2 bedrooms, and 2 bathrooms. 2 Rear storage rooms and courtyard.
Rental Yield (Potential):$34,836 + GST + Outgoings
Right of Way rear access to the North of the property.
Both Properties are offered as Vacant possession or going concern by settlement.
View by private Inspection Only.
Sitting in Commercial Zoning, with a North rear, the land dimensions are as follows:
205 McKinnon Road: 6.2 x 36.8m = 228.4sqm Approx.
207 McKinnon Road: 6.0 x 36.8m = 223.4sqm Approx.
Total Land Size: 451.8sqm Approx. No easements or Restrictions.
Build Up to 14 Apartments, or 10 High Quality Apartments, with 2 retail shops on the ground floor and Rear Parking Access. Architectural designs provided by well known Sharp Building Design Located in Carnegie, ready to assist you in your planning and building project.
Property Description:
205 McKinnon Road: Comprises of a front office/reception. 4 separate offices, and kitchen to the rear, plus 2 wc, and rear yard.
Rental Yield: (potential)$36,398 + GST+ Outgoings./ current $22K+ GST + outgoings.
207 McKinnon Road: Comprises of a front shop ( that can be separated from rear Dwelling), A Family Living, open plan Kitchen, 2 bedrooms, and 2 bathrooms. 2 Rear storage rooms and courtyard.
Rental Yield (Potential):$34,836 + GST + Outgoings
Right of Way rear access to the North of the property.
Both Properties are offered as Vacant possession or going concern by settlement.
View by private Inspection Only.
Inspections
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Key details
Bedrooms:
4
Bathrooms:
1
Property type:
House
Block Size:
228 m²*
Other Details
Lot:
1
Plan:
TP94010
Legal description:
1\TP94010
Maps and area information
Block information
Block size: 228m² (approx)
Legal description: 1\TP94010
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales
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We found 88 houses with 4 bedrooms that just sold near 205 McKinnon Road McKinnon
Property history
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Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
McKinnon suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
6,878
Listing ID: 182512752. This listing has been viewed 1 time. It was first displayed on 10/05/2024 and last updated on 10/05/2024.
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.