Map1-4/1 Thomas Street, St Albans, VIC 3021
- 8
- 4
- 4
Sold
Sold for $1,355,000 on Jun 09, 2023
OFTEN SOUGHT BUT RARELY FOUND
A unique opportunity presents itself with this rare offering of 4 x 2-bedroom spacious and well-maintained units on one title, a large CORNER block of approximately 900sqm, yielding $60,000 (approx.) per annum. With all tenanted you could just sit back and collect the rental income for many years to come.
This multi- unit block boasts one carport parking for each unit and is situated in the desirable pocket near St Albans and all that it has to offer, with cafes, large shopping complex and public transport.
Each unit is consisting: 2 bedrooms with mirrored BIRs, kitchen with gas cooking appliances, open lounger room, central bathroom/laundry and car space.
Don't delay your inspection as this extraordinary investment opportunity will not last, especially given the potential for further develop (STCA).
For further information regarding 1-4/1 Thomas Street, St Albans please contact Sales Department at Raine & Horne St Albans 9367 9888 or listing agent.
Danny Trkulja
Director & Licensed Estate Agent
Bojan Lojanica
Director, OIEC & Licensed Estate Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L21482222
- Property Type:Block of Units
- Building / Floor Area:240 sqm
- Carports:4
- Land Area:896 sqm
We Know Your Area
R&H Suburb Profile: St Albans| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 344 |
| Average Price | $676,506 |
| Median Price | $650,000 |
| Median Rental Price | $450 p.w. |
| Change in Rental Rate (5yr) | 29 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 161 |
| Average Price | $491,917 |
| Median Price | $495,000 |
| Median Rental Price | $430 p.w. |
| Change in Rental Rate (5yr) | 26 % |
Median Trend - $650,000
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