Block of Units

1-4 17 Foch Street Reservoir, VIC 3073

Sold for $1,320,000 on 5 Nov 2016
  • 6 Beds
  • 4 Baths
  • 4 Cars

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Block of Units in Reservoir

Prime Investment/ Development Opportunity Elite Location

  • 6 Beds
  • 4 Baths
  • 4 Cars

Situated in easily Reservoir's most sought after pocket on the fringes of Preston is this unique opportunity to purchase an existing site of 4 villa units on one title, this should please the most fastidious of investors. Currently returning $55,788 per annum, with the genuine potential of returning $60,000 or more per annum. This amazing property on 687.4sqm approx. offers the potential to purchase as a lifelong investment or develop a project (subject to council approval). The two front units both offer two bedrooms, while the back two units both offer one bedroom accommodation. All units have a central bathroom, open plan kitchen/meals/living area & separate laundry facilities. Each unit also has its own car space. Situated only 9.8kms approx. to the CBD and minutes' drive to Northland Shopping Centre, High Street Shops/Restaurants, Preston Market, tram & train stops. This is an opportunity that can't be matched! Call Daniel Nardella today on 0423488822 to find out more info.


4 garage spaces







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