Sold for $1,420,000
Sold for $1,420,0001-4/2a Attunga Street, Blackburn VIC 3130
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Property was sold on 6 February 2021.
Sold on 6 February 2021.
6 beds
4 baths
4 cars
Block of Units
797m²
6
4
4
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Block of Units
797m²
Property Features
Four separately tenanted units for sale as one offering investors a grand opportunity to invest with long term income streams or rebuild something grander, either townhouses or a luxury home site (STCA). Unit 1 offers 2 bedrooms, current rent is $1,173 PCM or $14,076 P.A. Unit 2 is a studio apartment, current rent is $934 PCM or $11,208 P.A. Unit 3 offers 1 bedroom + study, current rent is $978 PCM or $11,736 P.A. Unit 4 offers 2 bedrooms, current rent is $628 PCM or $7,536 P.A. Total annual income is currently $44,556.00, however all tenants have lived there for a long time (some for over 25 years with minimal or no rental increases), so the rents do not reflect current market values. The land size is a superb 797m2 and is positioned on the corner of Attunga Street and Middleborough Road. Located close to Box Hill central shopping, restaurants and cafes, schools, Laburnum train station, trams and easy access to the Eastern freeway. Opportunities like this are rare! Call to arrange a private inspection today.