$1,500,000
1,2&3/16 Riley Court
Situated in a quiet court on a generous 930sqm allotment, this exceptional investment offers three separately tenanted units with secure rentals and a potential return of approximately $75,000 per annum. Nestled in one of Melbourne’s highest growth areas, this is a rare chance to secure a high-performing asset in a prime location.
Property Breakdown:
•Unit 1: 3 bedrooms, 1 bathroom, 1 carport
•Unit 2: 2 bedrooms, 1 bathroom, 1 carport
•Unit 3: 2 bedrooms, 1 bathroom, 1 carport
All units are well-maintained and occupied by long-term, secure tenants, ensuring immediate income from day one.
Prime Location:
•Close to all levels of schooling, making it ideal for families
•Minutes to local shopping precincts, public transport & parklands
•Only 10 minutes to Highpoint Shopping Centre
•Just 20 minutes to Melbourne’s CBD, with easy access to major roads & freeways
With strong capital growth potential and an excellent rental yield, this is an opportunity not to be missed for savvy investors or developers looking to add value.
Enquire today to secure this blue-chip investment!
Property ID
1950153
Property Type
Block Of Units
Status
For Sale
Land Size
930m2
No open times currently available
Martin Artigas
Licensed Estate Agent/ Auctioneer
martin@bellsrealestate.com.au
0407 808 932
Leandro Vega
Sales Executive
leandro@bellsrealestate.com.au
0426 401 800