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164 Leamington Street Reservoir, VIC 3073

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164 Leamington Street,
Reservoir, VIC 3073

Development Sites & Land • Other

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Lakeside Apartment Block

  • 8 x 1BR Apartments + 8 carparks
  • Prime position opposite Edwardes Lake
  • Income: $111,723.96pa (fully let)
Well presented two level apartment block with recent refurbishment
Eight x 1 bedroom apartments with car spaces to be offered in one line
Excellent opportunity, secure an entire block within an affordable price point
Substantial corner landholding of 688 sqm with dual crossovers
Ideal for further upgrade to improve return, sell down individually or just leave as is and enjoy a great return from the existing tenants
Positioned perfect opposite Edwardes Lake with quick access to schools, public transport and major arterial’s including High Street and the Western Ring Road
Reservoir: One of Melbourne’s booming residential suburbs just 12kms from the CBD with 18.5% growth in the last 12 months (Corelogic)
Rent: $111,723.96 pa (Fully let)

Auction On-site 2pm
Thursday 14 December 2017

Reservoir, 3073 demographic data

The median household income for Reservoir is $1,541, 19% lower than Greater Melbourne's household income of $1,901. Reservoir has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 47% of property owners in Reservoir have a mortgage.

51,096
Population
$1,541 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
04118608...
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164 Leamington Street
Reservoir, VIC 3073

Detailed listing

CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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