Raywhite Box Hill is pleased to present 43 Morton Street for sale, via Auction. This entire complex represents a remarkable investment opportunity to acquire a unit block consisting of 4 units (8 Bedrooms 4 Bathrooms 4 Car Parks) and two (1) retail areas to be offered in one line. Comprising a three (3) story building with two street frontages, completed in March 2019. Currently leased with an annual passing income of $145,200 (approx.) with scope to increase. Strategically located in a high growth precinct, complex is located opposite Monash University Clayton Campus, M CITY Shopping Centre with over 20 speciality stores anchored by Woolworths and Kmart. Additional highlights of the property are outlined below: • Favourable unit mix of 4 x 2 bedroom, and 1 retail • Diverse income streams • Ideal for investors, strata sell down groups or housing providers • Efficient floor plan layouts with balconies • All units with split system air-conditioning • Low maintenance complex • Depreciation benefits • Ideal opportunity to capitalise on the current housing shortage, migration boom and rising rents • Opposite Monash University Clayton • Walking distance to M City Shopping Center The property will be offered for sale via Auction, Saturday 3 August 2024 at 11 am. For more information, please contact the below exclusive selling agents.
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