6 Balfour Street, Mornington

3263861

Beat This- Investment Plus!

Sold
8
4
3
200sqm
1376sqm

Here is an ideally located, multi income property offering astute investors a wonderful opportunity on the CBD fringe. Owned by the same family for over 40 years and comprising of a 4 bedroom character home with a 2 bedroom income beneath and a separate block of 2x studio flats, this wonderful investment property offers solid construction ideal for investors.
Other features include:
• Strategic fringe CBD location near the Berhampore village
• Currently returning $1060/ week with huge rental upside
• Rental assessment circa $1840/ week
• All day sun
• Drive on access to off-street parking
• Fantastic capital growth location and on transport routes
• Great rental history with a large tenant base
• Lovely valley outlook
• Plenty of rental upside with some elbow grease- create your own equity!

This property is a proven performer with excellent occupancy rates. Here is an investment opportunity for any serious property investor or a great home and income option for those looking to get into a CBD fringe location and add their own value. Don’t delay- invest in your future!

Property Information

Listing ID
T20104
Year Built
1910
Property Type
Multiple Properties

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Disclaimer

The information presented on this page has been prepared, or is based on information supplied, by the property owner or their legal representative. Whilst all reasonable effort is made to ensure the information accessible on this page is current, we do not perform any independent verification in respect of, and we give no warranty as to, the accuracy or completeness of the data and information accessible on or through this page. Information that has been supplied by the vendor or their agents, Tommy’s Real Estate Limited is merely passing over this information as supplied to us and, to the maximum extent permitted by law, we do not accept any responsibility to any party for the accuracy or use of the document or information herein. You should make your own enquiries and we encourage you to seek your own legal advice before acting on the basis of the provided data and information.