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99 Wattletree Road Armadale, VIC 3143

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99 Wattletree Road,
Armadale, VIC 3143

Offices • Medical & Consulting • Shops & Retail

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AN INVESTMENT THAT SPEAKS FOR ITSELF

  • Returning 50K
  • Rear Access & Parking
  • Opposite Malvern Central
To be sold via auction - 99 Wattletree Road, Armadale comprises of a fully renovated, single storey, period weatherboard residence which has been converted for use as counseling/therapy rooms.

The accommodation includes 5 principle rooms with waiting room, a kitchen, bathroom and rear garden complemented by 4 onsite parking space, accessed via rear laneway.
We believe the most outstanding aspects of this property include:
* Fully refurbished period residence converted for counseling/therapeutic use;
* Building area 116m² with 4 onsite car spaces via rear laneway;
* Secure 5 year lease plus options to Wattletree Centre;
* Currently returning $50,000 per annum plus outgoings
* Suitable for Investors with future potential to develop (STCA);
* Land area 418m² / Zoned Residential 1;
* Great location – public transport at doorstep, opposite Malvern Central, walk to Glenferrie Road and minutes from Cabrini Hospital.

99 Wattletree Road, Armadale is located on the northern side of Wattletree Road near the corner of Glenferrie Road. The surrounding area is characterised by affluent residential suburbs and vibrant retail precincts.

This is a rare opportunity: providing a hassle-free, secure investment in an unbeatable prime location with an upside of development potential!

Additional information

Property ID: 500335043Last Updated: 7 Mar 2016

04186552...
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99 Wattletree Road
Armadale, VIC 3143
GormanKelly - Hawthorn
1 Oxley Road
HAWTHORN, VIC 3122
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