1-6/15 Levanto Street, Mentone, Vic 3194

Very rare & very exciting - opportunities like this do not come around very often! A block of six units - on a fantastic 809sqm (approx.) corner allotment - being sold as one offering. Reap the brilliant rental income or develop the hugely versatile site (STCA) - the choice is yours!
All securely let and currently returning $40,000 per annum (approx.), the block comprises one studio flat, four one-bedroom flats and one two-bedroom flat. Each home features good-sized living rooms with gas heaters, practical kitchens and generous bathrooms with space for laundry facilities. The property also offers on-site parking.
The choices are there - rent out as is, upgrade to improve your return or alternatively, with its corner location and broad 20.11m x 40.23m frontage to Savona Street, there is space and scope for a fabulous new development.
This is a brilliant Mentone location, close to Thrift Park & Mentone village and near a choice of excellent shopping destinations. Add to that the zoning for Mentone Girls and Parkdale Secondary Colleges and this is a prized plot full of potential!
For all enquires please contact Sam Hartrick 0421 272 726 Hodges Mentone.