77 Grange Road, Glen Huntly, Vic 3163
Sold: $1,800,000 (07-21-2015)- hotel 9
- hot_tub 9
- directions_car 6
Approximately $125,000 pa rental income or possible more.
The following opportunities are at your disposal:
1. A near new 9 bed rooms 3 storey building is for sale.
All are generous size bed rooms and was built with the comfort of its occupant as the main criteria.
The building also provides ample parking facilities for all the residence.
All rooms are fully furnished and completed with En Suite and a kitchenette that comprises, a sink, a hot plate cook top, a refrigerator and a microwave oven.
There is also a full kitchen at the ground floor for a proper meal to be prepare for family meal or feast.
Conveniently located in one of the most sought after locations in Glen Huntley. It is close to all desired amenities, the Glen Huntley station and the Monash University Caulfield Campus.
The rooms generate good yearly rental income of approximately $125,000.00 or more.
The rooms are easily let table to college and university students, local office workers and office workers in the city.
2. Development opportunity with planning concept plans (STCA) for the development of two unit of one bed room apartments and one unit of two bed room apartment at the rear.
These apartments can be sold to interested parties or can be rented to interested parties when completed.
These opportunities suit any investors particularly new business migrants, or investors who have good overseas linkage with the tourism industries. A full board and lodging opportunity can be offered for overseas tourist that come in group.
Interested parties can negotiate with us to explore the various option or opportunities that is available from this property.
Buying item 1 and 2 separately is possible though the vendor is in favour of selling both to the same buyer.
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PLEASE NOTE: Open for Inspection Times and Property Availability is subject to change or cancellation without notice.