$650K
$123,968
"An opportunity like this will not again present itself Set on an absolutely flat block of 556m2 approx, the home comprises 3 bedrooms birs, galley kitchen, meals, living dining area, central bathroom, laundry, separate toilet, verandah at the back and ample room for parking in the backyard, Collect rent until the expiry of the current lease in July 2025 and then start your project which will reward you richly at the conclusion. Considering current sale prices of 3 bedroom townhouses within the area at 620,000 650,000, an astute builder investor will no doubt realize the profitable end result of this neverto be repeated opportunity. No need to wait for weeks or months to obtain plans and permits They are all ready for you right NOW Purchase, collect rent until July 2025 then build 3 thoughtfully designed townhouses in the evergrowing pocket of Westmeadows, so conveniently located to Broadmeadows Train Station, Aquatic Leisure Centre, TAFE Kangan institute, local primary and secondary schools, sporting facilities and public bus practically at the front."
Below are some similar properties in the area you may be interested in.
13%
58.8%
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4.1%
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Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2016 Population
Suburbs
Transport, Postal and Warehousing - 20.0%
Manufacturing - 16.0%
Retail Trade - 9.0%
Construction - 8.0%
Others - 47.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price