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117 Torquay Road Grovedale, VIC 3216

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117 Torquay Road,
Grovedale, VIC 3216

Hotel & Leisure • Other

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$780,000

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4 Units, 1 Title Equals Huge Opportunity

  • Fully Furnished
  • Potential earning up to $100,000 PA
  • High quality finishes
Rarely does a cluster of 4 units present of the quality of these exceptionally well designed 2 bedroom units all on the one parent title. The smart modern design has a coastal influence and is reflective of the location being the start of the Surf Coast and only a 15 minute drive to the ever popular and beautiful beaches of Torquay. The units themselves are of a high quality finish, showcasing loads of natural light, open plan kitchen / living area, 2 large bedrooms with built in robes, and a central bathroom incorporating a European styled laundry. All units comprise attached undercover car parking and a large north facing entertaining area complete with pergola and BBQ for use by all tenants. Currently returning to potential earning of up to $100,000. The property allows for both short term holiday rentals with all units currently fully furnished, and or longer term tenancies however the landlord chooses to operate. Taking this into consideration the yields could be considerably higher if operating as a holiday rental scenario. Also a huge opportunity for strata titling and resale as individual units is something the astute investor can do to capitalize this exceptional property. A highly sort after investment in an outstanding location with all amenities on the door step will make this an excellent addition to any property portfolio.

Property ID: 501615677Last Updated: 28 Sep 2015

0416 164 3...
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117 Torquay Road
Grovedale, VIC 3216

Detailed listing

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