Must-see investment opportunity in Box Hill

37 Medway Street, Box Hill North, 3129

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Contact for PriceFor Sale
  • Ownership Type Unitblock
  • Property Area 1,065 sqft
  • Bedrooms 8
  • Bathrooms 4
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 4

Property Overview

Exciting investment opportunities like this don't come along every day. This is your chance to secure a boutique and beautifully presented four two bedrooms strata-titled units walking distance to the centre of Box Hill and less than 30 minutes from the heart of the Melbourne CBD.

The prime location and broad rental appeal boast an impressive potential yield of approximately $85,000p.a. with a wide range of future tenants sure to be eager to call these low-maintenance units home.

Most of the residences are presented in renovated condition with contemporary updates and quality must-have features on show throughout. The layouts are comfortable, functional and light-filled with generous living zones, well-appointed kitchens and designated carport parking for added convenience and functionality.

The complex stands proud on an elevated 1,065sqm block with manicured and established gardens adorning the property. General Residential Zoning also offers a unique redevelopment opportunity that could be investigated with the possibilities for the site only limited by your imagination.

The sought-after locale, within the Box Hill High School zone, will delight families plus there are a host of amenities all within easy reach including Halligan Park with a playground for the kids. Bus stops and services are at your fingertips along with Box Hill Hospital, the picturesque Box Hill Gardens, Box Hill Central shopping precinct and Box Hill train station. On top of this, there is a selection of shops, dining options and cafes nearby with easy access to the Eastern Freeway linking you directly to the Melbourne CBD.

- Boutique four-unit complex in a prime location
- Impressive potential rental returns of $85,000p.a.
- Most units presented in renovated condition
- 1,065sqm block with General Residential Zoning
- Set within the sought-after Box Hill High School Zone
- Close to Box Hill Central, Hospital and train station
- Less than 30 minutes from the Melbourne CBD

Disclaimer:
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Location on Google Map

37 Medway Street, Box Hill North, 3129

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