It is rare that an investment of this magnitude becomes available with this prime location in the heart of Geelong West.
The opportunity to purchase a fully tenanted block of nine strata tilted units is the capital venture that your property portfolio calls for.
Set on approximately 1190sqm, the complex is comprised of nine, one-bedroom units with a carport facility.
Unit 2 has been fully renovated internally; the other units have been updated over time with new floorcoverings and window furnishings, plus their own private courtyard.
This highly sought-after block has many long-term tenants and lease within short time frames in between tenancies.
One-bedroom units are a highly coveted type of rental accommodation and this style of investment property is a successful asset.
The location is exceptional, close to the vibrant stretch of Pakington Street, local bus stops, a short 20 minute walk to the CBD of Geelong and nearby V-Line train station. All contributing factors considered by any purchaser looking for the idyllic investment blend.
With a combined income $99,060.00 per annum, this site represents instant income, ideal location and an overall great investment for anyone looking to enter the property investor market or add onto your current portfolio.
Features
- Courtyard
- Built-in Wardrobes







