84 Albert Street,
Fine Edwardian 3 Bedroom Home Four Minutes From Seddon StationFine Edwardian 3 Bedroom Home Four Minutes walk From Seddon Station comprises a very large Edwardian three bedroom elegantly restored modern home ***'PLUS'*** three fully self-contained Studio Apartments separately addressed with separate bathrooms.
$1,775,000 NEGOTIABLE, WE ARE BUYING A SHOP-PREMISES AND WILL MOVE NOW.
# NB: THIS PROPERTY IS ‘INDEPENDENTLY’ VALUD AT $1,725,000 - $2,199,999 OR A MEDIAN OF $1,962,000
# NB: AND A MUCH SMALLER ‘TIMBER’ PROPERTY NEAR IT SOLD (OFF-MARKET) FOR $2,100,000
#NB: THIS PROPERTY HAS ‘NO HERITAGE OVERLAY’ WHATSOEVER AND CAN BE TORN DOWN AND FULLY REDEVLOPED WITH THREE $900,000 TOWNHOUSES BUILT STCA
We use it as a three bedroom professional residence with three fully self-contained studio apartments with kitchen-bedroom and separate bathroom-shower toilet.
The three Studio Apartments are separately rated by council and return $52,252 rent per annum and will suit subdivision and separate sale Subject to council approval
In addition the large three bedroom Edwardian can be rented for $42,000 per annum making a full rental of $94,000 pr annum; well over 5% return!
Only 4 minutes walk to Seddon station, may suit professional couple to live in and have the separate units pay the mortgage!
Only 10 minutes train or car to Melbourne CBD and car and 5 minutes by car to airport freeway!!
Comprising striking fully renovated Edwardian style residence with living & formal dining with fireplaces, drenched with light extending to a charming decking and complemented by quality split system heating/cooling unit and gas ducted heating and ducted vacuum system.
A large wood heating unit is included
Kitchen has an abundance of cupboards/pantry and stone bench tops with Euro gas-electric appliances & dishwasher and pantry
Impressive master suite with seven YO fittings and walk-in robes and two additional bedrooms one with built in robes
Property Type: House
PLUS three attached fully self-contained units separately addressed and council rated bringing rent of $52,252 per annum
Number of bedrooms