3 Melbourne Units with Development Potential

The Details

Location
Melbourne
Type
Residential
Purchase Price
$1,065,000
Rent
$1260p/w
Yield
6.2%
Cashflow
$4056
Total Return (incl. capital gains)
$56,856
Total Area
884 m2
Vacancy Rate
0.71%

Why We Love This Property

  • 3 units – 3 incomes
  • Renovation Intime
  • Development Potential
  • Subdivision Potential
  • 100m from street shops
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