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Investment & development opportunity

65-67 High Street, Eaglehawk
$470,000 - $510,000 For Sale
House
  • 6 Bedrooms
  • 2 Bathrooms
  • 4 Car spaces
  • 728 sq metres
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Wes Dorrington
0433 013 687
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Auction Time

Fri 30 Apr - 11:00 AM Online Auction

Description

Opportunity exists with this property site located within walking distance to the Eaglehawk shopping precinct. 65-67 High Street has the original building positioned to one side of the 728m2 block with possibility for further subdivision (STCA). A healthy return of $500 per week across the two tenancies also has scope to improve within the next lease cycle. Each residence has had some refurbishment work completed and both comprise three bedrooms and one bathroom.
Section 32 can be provided on request - return details;
Number 65 - tenant paying $270 per week is periodical as of March 2021.
Number 67 - tenant paying $230 per week and is on a lease until November 2021

Features

Gas Heating