Ideally positioned in the Residential Growth Zone (central Melton). Located inbetween Woodgrove shopping centre and the newly updated High Street shopping precinct, close to all level schools and public transport with easy access to the Freeway, all on a block of 616m2, makes this a superb investment or development opportunity (STCA) for an astute investor, builder or developer.
The property also consists of 3 bedrooms, with a formal L-shape lounge/dining with heating and cooling, original timber floors, kitchen overlooking 2nd living area with direct access to the back yard which includes a double steel garage. Currently returning $1130 pcm.
|R&H Suburb Summary||Houses|
|Number of sales||136|
|Median Rental Price||$320 p.w.|
|Change in Rental Rate (5yr)||23 %|
|R&H Suburb Summary||Units|
|Number of sales||50|
|Median Rental Price||$290 p.w.|
|Change in Rental Rate (5yr)||12 %|