168 Vere Street, ABBOTSFORD 3067

$2m-$2.2m

BOUTIQUE BUILDING

**PLEASE NOTE - BUYERS MUST REGISTER TO INSPECT**

BLUE CHIP INVESTMENT AND POSITION

6 apartments

2 x 2 bedrooms (1 renovated).
4 x 1 bedroom (2 renovated).

Gross income $98,000 pa

Standalone low maintenance security building in excellent condition, several apartments recently renovated.

Potential to add value to build further 2 bedroom or 2 x 1br apartments (STCA) .

4 off street parking.
Several with internal laundry facilities - Communal laundry also.

One apartment with private courtyard.
Potential for 2 further private courtyards.

Upstairs floor plans essentially identical without courtyards.

Located in a quiet street, seconds to station, Gahan Reserve, local shops, Johnson Street cafes, and St Heliers arts / community precinct.

Currently returns well in excess of bank interest rates on deposited monies, also taking into account the 5-year predictions on bank interest returns. This property represents an excellent long-term investment.

Note: capital appreciation plus depreciation benefits add further value!

Be quick this property won’t sit around!

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Floor Plan Site Plan

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