551 Princes Highway, Narre Warren, Vic 3805

Sold: $830,000 (04-10-2017)

551 Princes Highway, Narre Warren, Vic 3805 3805
SOLD
  • hotel 3
  • hot_tub 2
  • directions_car 2

This fantastic opportunity is set on the high centre side of the suburb on a block of 943m2 (approx.) and has a lot of potential for any person looking to run a business in a high exposure location or that developer looking for a prime large block to potentially build multiple units or Townhouses (STCA). This property can be potentially rented out to a medical field or day care centre for high rental yields pending council approval as many on this stretch of road are.
Home Features include:
3 bedrooms
2 bathroom
Outdoor pergola area
On a HUGE block
Double Garage
This home is a sound investment in a high demand location and a perfect opportunity for all buyers

There is a large meals area with door access on the side to the undercover pergola/outdoor entertainment area. It leads to the open and spacious backyard for a relaxed afternoon tea. It has an open plan kitchen with gas cook top and loads of bench and storage space combined with a living area with lots of natural light inside. The feeling of warmth and quality is felt throughout the entire home. As a residential property current potential rental return would be $380 per week. For commercial use this rental return would approx. between $500-$600 per week.

This is a opportunity you will not want to miss call today!

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