Auction

317 Moorabool Street Geelong

Generating approximately $120,000p/a income; in a location that is moments to the South Geelong Train station, Geelong CBD and the Kardinia park lifestyle precinct; offering 7 units, on 825sqm, set on 2 titles; this is the perfect investment property. The property is set on the corner of Moorabool and Kilgour streets, with excellent off-street parking, and offers existing leases and immediate income to the incumbent buyer. There are five, 2 bedrooms units that each have renovated bathrooms, and open plan kitchen, meals, living facilities. The two, 1-bedroom units are extremely comfortable studios that are both spacious, well-appointed and offer access to their own outdoor space. There is the unique benefit of these units differing in size, which creates great flexibility in relation to the income they generate, with the upstairs property boasting expansive living, generous bedrooms creating the perfect base for an owner occupier wishing to manage the complex. The flexible floor plan and location are an exceptional mix, giving privacy to the tenant, whilst making the most of all the usable space. Externally there is a double garage, communal laundry, storage, and open-air parking for tenants.
The property offers a multitude of options including long term tenancies; short term furnished accommodation, and a central location that puts you on the doorstep to all of Geelong's amenities and infrastructure.

AUCTION

  • Sat 11th - Nov 11:30am
  • Venue