21 & 23 Glengarry Avenue, Burwood, Vic 3125

A rare investment opportunity in a prime location next to Deakin University, PLC and tram. These 2 houses of 14 bedrooms are registered as prescribed accommodation for students and they reap a total rental income of $132,322 per annum. The total land size approx. 1,410.70 sq.m. (740.90sq.m & 669.80sq.m) with a corner position has great potential for building 6 townhouses (STCA). Enjoy a good income return immediately from this business and reap a bigger investment return as a development site in the future. Act now and do not miss this rare investment opportunity.

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