13 Railway Road & 14 Lithgow Avenue,
Blackburn, VIC 3130
Medical & Consulting • Development Sites & Land • Hotel, Motel & Leisure
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Aged Care Investment on Huge 4,082m2*
A longstanding Aged Care/Special Residential Services facility known as ‘Crofton House’, situated at 13 Railway Road and 14 Lithgow Avenue Blackburn is now available For Sale.
This is a perfect investment offering a current income of $463,750.20 pa and land bank opportunity for the future.
Key features :
- 45 place Special Residential Services (SRS) facility
- Total land area: 4,082m2*
- Sought after Residential Growth Zone - Schedule 2
- Within central Blackburn's multi level residential and commercial development precinct
- Two street access
- New Five (5) year lease from 1 August 2018 with further terms of 5+5 years
- Supported Residential Services are exempt from State Land Tax
The subject property is conveniently located a short walk from Blackburn Train Station, with fantastic cafes and shops at Blackburn Village including IGA Supermarket; and beautiful Blackburn Lake nearby. Whitehorse Road Mega Mile is also in close proximity to the property, together with South Parade and Blackburn Road.
*approx
This is a perfect investment offering a current income of $463,750.20 pa and land bank opportunity for the future.
Key features :
- 45 place Special Residential Services (SRS) facility
- Total land area: 4,082m2*
- Sought after Residential Growth Zone - Schedule 2
- Within central Blackburn's multi level residential and commercial development precinct
- Two street access
- New Five (5) year lease from 1 August 2018 with further terms of 5+5 years
- Supported Residential Services are exempt from State Land Tax
The subject property is conveniently located a short walk from Blackburn Train Station, with fantastic cafes and shops at Blackburn Village including IGA Supermarket; and beautiful Blackburn Lake nearby. Whitehorse Road Mega Mile is also in close proximity to the property, together with South Parade and Blackburn Road.
*approx
Property ID: 502904366Last Updated: 8 Sep 2020
CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
13 Railway Road & 14 Lithgow Avenue
Blackburn, VIC 3130
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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13 Railway Road,Blackburn, VIC 3130 2260 m²Development Sites & Land • Medical & Consulting