Under Offer 12/07/2021
$230,000 - $250,000
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63 - 65 Commercial Street, Merbein VIC 3505

House
316
Block size: 1241 m² approx.

TREMENDOUS OPPORTUNITY FOR THE ASTUTE INVESTOR

Shop currently leased to the Red Cross @978:60 pcm plus outgoings & the house at $476:66 pcm - do your sums.
(The house has a current rental appraisal of $180 per week)
Red Cross have a current lease using the shop as a second hand clothing store and have every desire to keep doing so, the 3 bedroom house is currently on a periodic lease and the tenant has expressed a desire to remain in occupation.
Good solid tenants are hard to find so get on board with this fabulous investment property and make it your own.
Also offers a huge shed (approx. 12m x 8.5m) and 4 bay carport with lean-to attached.
Situated in the heart of Merbein township walking distance to all facilities.
SURE TO CREATE INTEREST

Inspections

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Contact Ian Miers to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
1
Garage Spaces:
6
Property type:
House
Block Size:
1241 *

Other Details

Burns & Co

Maps and area information

Block information
Block size: 1241 (approx)
Block Map
No block information available
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.
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Property history

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See Merbein's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
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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.

Merbein suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
2,770
Listing ID: 179641950. This listing has been viewed 100 times. It was first displayed on 22/06/2021 and last updated on 12/07/2021.
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.