1-4/14 Caroline Street, Thomastown

VIC 3074 SOLD - $1,100,000

8Beds
4Bath
2Car

4 UNITS – SEPARATE TITLES

8Beds
4Baths
2Cars
630m2

A rare and unique investment opportunity to purchase a whole block of units all on separate titles and sitting on a huge parcel of land approx 630sqms of prime real estate.

Each unit comprises 2 bedrooms, a lounge, a well-appointed kitchen with a meals area, a bathroom and onsite parking. In a position that is very desirable to tenants, just metres to Thomastown train station, spoilt for choice shopping options, the multicultural hub of both High and Station Streets strip shopping, cafes, eateries, local schools, recreational facilities and easy reach to the Ring Road Network.

With a projected rental return of approx $53,000 per annum, this superb investment opportunity offers the astute buyer an instant rental yield/great cash flow or LANDBANK. for future capital growth with excellent scope to increase returns or the possibility of strata title or redevelopment (STCA.)