Sold for $1,125,000
Sold for $1,125,0001-5/102 Sparks Road, Norlane VIC 3214
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Property was sold on 29 April 2022.
Sold on 29 April 2022.
5 beds
5 baths
5 cars
Block of Units
806m²
5
5
5
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Block of Units
806m²
This property is nestled close to the sandy shores, offering an idyllic beach lifestyle.
Presenting five units all on the one title in a great position only a short drive to the Waterfront, CBD and Nth Geelong railway station while being close to shops, schools and public transport. All units have one bedroom and are very well-maintained, most have long term tenants. An ideal opportunity awaits the savvy investor. - Spacious one bedroom units all with built-in robes - Kitchens with electric cooking - Combined bathroom and laundry - Rear courtyard and off-street parking to all units - Split system heating and cooling - Low maintenance gardens - Potential to individually title each unit (STCA) - All properties are leased – returning a healthy $56,940 p/a - 806m2 corner allotment, easy access to the Princes Hwy - Potential to renovate and increase the rental yield