Buy

Sales Hot Property

124 Camms Road, Cranbourne 

$720,000-$790,000

CRANBOURNE: **ANNUAL RENTAL RETURN OF APP. $30,000 PLUS APPROVED ENDORSED PLANS AND PERMITS FOR 4 TOWNHOUSES** As an investor, buying 1 unit on a block is a great achievement – but saying you own an entire block of units is even better! This rare opportunity sits on a healthy parcel of land measuring a colossal 813m2 (app.). Offering a multitude of uses, 124 Camms Road is the perfect opportunity for developers, investors, land bankers and even those with extended families looking to call the same address home!

Currently leased to sensational tenants, these 2 identical mirror image units are providing an instant yearly rental return of app. $30,000. Better still, the current vendors have invested a lot of time, effort and money on the development side of things with the lucky new purchaser having access to approved endorsed plans and permits for 4 double storey townhouses.

Made of solid brick that offers natural insulation for both hot and cold climates, each of the units are in neat, original condition and have identical features including a spacious lounge with gas heating and a generous timber kitchen with a separate meals zone. There are 2 robed bedrooms, not forgetting the separate bathroom, toilet and laundry facilities.

Outside you will be greeted by a single lock up garage with additional parking space for a 2nd vehicle in the driveway. The generous courtyard is both private and secure and offers plenty of room for those with kids and pets. You are also within metres of expansive parkland with children’s play equipment!

If you believe in the age old theory that good real estate revolves around a central location then you won’t be disappointed! Within moments to Narre Warren – Cranbourne Road, providing direct access to the shopping facilities situated at Thompsons Parkway, Casey Central and the Hunt Club Village, plus South Gippsland Highway enroute to the recently revamped Cranbourne Park shopping centre. Those that don’t drive can take advantage of the public transport leading to schools, the main street and, most importantly, the Cranbourne train station!

Opportunities like this are as rare as hens teeth so don’t delay!

BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW – PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!

Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.

FEATURES:

  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Secure Parking

PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!

TO VIEW THIS PROPERTY CLICK HERE

Paul Ringeri
+61 412 364 893
paul.ringeri@raywhite.com

Dwayne Rajaratnam
+61 422 104 612
dwayne.rajaratnam@raywhite.com

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