Property main details

16
8
8

Home For Sale

  • Sold
  • Block of Units

Specifications

  • Property Type
    Block of Units
  • Land
    858 m2

Invest with Confidence! Enhance Your Portfolio with Exceptional Returns

Experience a unique investment opportunity at 1-8/24 Walsh Street, Ormond! For the first time ever on the market, this property boasts 8 spacious 2BR apartments (all individually, strata titled), each complemented by its own car park.

Occupying approximately 858sqm of prime real estate, this block presents an annual rent of $102,000. With a strong history of long-term tenants exceeding 30 years, this offering provides stability and the opportunity to increase rents closer to market value to increase the overall yield from day one!

Seize this exceptional chance to enhance rental income and elevate property value immediately.

Situated in proximity to Ormond station and local shops, this property offers effortless access to transportation hubs, ensuring connectivity is at your doorstep.

With esteemed educational institutions like Kilbreda and McKinnon Primary School in the vicinity, this location caters to families and individuals alike. Embrace the ease of urban living while reaping the benefits of a thriving community setting.

Don't miss out on this prime location teeming with endless possibilities, where convenience meets investment potential!

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

1-8/24 Walsh Street Ormond 3204, Victoria
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