4 Mackenzie Court, Croydon South, Vic 3136
Sold: $580,000 (11-08-2014)- hotel 4
- hot_tub 2
- directions_car 2
Investors get ready to jump at the chance to snap up 2 x 2 bedroom units (on one title), both recently renovated on a huge 1000m2 approx with space to develop further (STCA). The well kept and well presented homes feature polished floors, fresh paint, updated kitchens and bathrooms, generous bedrooms with robes, north facing lounges and plenty of storage. Seperately metered for all utilities and both with solar hot water and split system AC, as a turn-key investment the quality is outstanding. Combined with a position close to Croydon central shops, schools and train station, all the boxes are ticked to buy and hold. But for those with vision the vast and nearly level rear block offers a number of options to further expand, creating an opportunity to hold a variety of investments on the same block (STCA). First time investors or shrewd long-termers will benefit from quickly growing their portfolios without ongoing body corporate costs. Unit 1 is vacant (expected rent $1130 pcm) and unit 2 is rented at $1130 pcm. Don't let this one slip away!