Land for sale
20-22 Delta Avenue,
Coburg North, VIC
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REDUCED TO SELL FROM $1,950,000 DOWN TO $1,800,000An exceptional opportunity exists to secure a rare investment property located on a prime corner lot of approx. 1,023.5m2. Operating as an 18 room Student Accommodation residence this Council approved residence offers a combination of single and double rooms with bathrooms, beds, fridges, Wi-Fi, kitchen and laundry facilities. A massive common area and outdoor area are also available to all residents. All is operated by a secure computer operated swipe card system for maximum efficiency and security. The potential rental return when fully let is over $170,000 PA and is within walking distance to Merlynston Train Station and local street shopping.
Last updated: 12:48PM on Jan 24th 2018