130 Sherbourne Road, Montmorency, Vic 3094

Great rental return, and with a little TLC could produce a higher rental return and capital growth as well, possible sub division. Situated in a prime Montmorency location & currently leased until 11/07/2013 returning $1300 per month.
The property itself is open and spacious, with separate laundry, open plan kitchen, living and dining, all 3 bedrooms are double or bigger with built in robes, bathroom with corner spa & separate toilet. Outside a brick-paved driveway leads to the sunny north-facing veranda, providing a very warm welcome for all as well as a near-level rear garden that has all the makings of a private leafy oasis. Additional features include ducted heating, air conditioner, timber sash windows, carport plus off-street parking, and a lovely leafy outlook.

Redevelop or subdivide STCA
3 spacious robed bedrooms, bathroom with corner spa
Inviting living room, open fire place, leafy aspect
Kitchen/meals with garden views, polished timber floors
Ducted heating, air conditioner, high ceilings
Carport + off-street parking, convenient Monty location

Land: 908 sq m approx.