Property Details

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FOR SALE 5% NETT RETURN 40-44 Carlton Parade CARLTON

  • beds
    24 
  • baths
    13 
  • cars
    0 

13 UNITS TO BE SOLD IN ONE LINE | FOR SALE 5% NETT RETURN

BETTER THAN MONEY IN YOUR BANK!!

HT Wills is proud to offer for sale "Burnham" for the first time in 20 years.
A landmark property in the heart of Carlton. Located directly opposite Carlton railway station and within the shopping centre "Burnham" occupies a prominent corner location with massive exposure.

The property is in excellent overall condition and has potential to further increase by 10% through minimal refurbishment. Future development potential (S.T.C.A.)

"A solid cash flow is generated from this property that presents in excellent overall condition."

Property information.
13 residential units (a mix of studios, 1, 2, and 3 bedrooms)
4 retail tenants (barber, hairdresser, convenience store and cafe)
1 large store room (leased to engineering firm)
Land size 474 sqm

Close to Schools,Close to Shops,Close to Transport

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