1-5/208 Station Street, Thomastown

VIC 3074 SOLD - $1,550,000

10Beds
5Bath
5Car

5 SEPARATELY TITLED UNITS - CORNER BLOCK 972m2 RGZ1

10Beds
5Baths
5Cars
972m2

Sitting on a massive corner allotment of approx 972m2, this is a rare and once in a lifetime opportunity to purchase a whole block of units, superbly located in arguably one the North's most desirable and lucrative growth zones.

Currently returning approx $70,000 per annum this outstanding investment opportunity offers the astute purchaser an instant rental yield/ great cash flow or LANDBANK with tremendous scope to refurbish, add value and increase the returns. Alternatively capitalise in this Residential Growth Zone (RGZ1) and explore future potential development opportunities.

In a position that is very desirable to tenants, just metres to Thomastown train station, bus services, spoilt for choice shopping options, the multicultural hub of both High and Station Streets strip shopping, cafes, eateries, local schools, only minutes to Pacific Plaza Epping, recreational facilities and easy access to the M80 Ring Road Network.

• 5 Separately titled units
• 5 x 2 bedroom units, plus 5 car spaces
• Private rear courtyards