Residential
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1-4/500 Gilbert Road,
Preston 3072, Victoria
$1,888,000
Property details
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Agents
Ray White Mill Park
Shop 40/314-360 Childs Road, Mill Park Victoria 3082
Blue Chip Investment/ Development Opportunity in an Elite Location
Situated in easily Preston's most sought after pocket with the tram stop at your doorstep is this unique opportunity to purchase an existing site of 4 villa units on one title, this should please the most fastidious of investors. Currently returning a generous $65,196 Per annum, with the genuine potential of returning a mind blowing $80,000 Or more per annum once refurbished. This amazing property on 816.5sm approx. offers the potential to purchase as a lifelong investment or develop a project (subject to council approval). The front unit is a sizeable 3 bedroom, while the back three units all offer two bedroom accommodation. All units have a central bathroom, open plan kitchen/meals/living area & separate laundry facilities. Each unit also has its own allocated car space. Situated under 10kms away approx. to the CBD and only minutes' drive to Northland Shopping Centre, Preston Market, schools & train station. This is a rare & unique opportunity that can't be matched! Call Daniel Nardella today on 0423488822 to find out more info.
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.
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School catchments
- St Raphael's School Primary Prep-6 Catholic 0.32km
- Newlands Primary School Primary Prep-6 Government 0.63km
- Preston West Primary School Primary Prep-6 Government 0.75km
- Reservoir West Primary School Primary Prep-6 Government 1.1km
- SEDA College (Victoria) - AFL- Preston Secondary Independent 1.3km
- SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 1.6km
- Preston Primary School Primary Prep-6 Government 1.6km
- Preston High School Secondary 7-12 Government 1.7km
- Bindjiroo Yaluk Community School-The Island Campus Secondary Government 1.7km
- St John's College Preston Combined Prep-12 Independent 1.8km
- Sydney Road Community School-Coburg Teaching Unit Secondary Government 1.8km
- Parade College - Preston Campus Secondary Catholic 1.8km
- Sacred Heart School Primary Prep-6 Catholic 1.8km
- Bell Primary School Primary Prep-6 Government 1.8km
- St Gabriel's School Primary Prep-6 Catholic 1.9km
- Coburg High School Secondary 7-12 Government 2.0km
- Antonine College - Cedar Campus Combined Catholic 2.1km
- St Paul's School Primary Prep-6 Catholic 2.3km
- Preston South Primary School Primary Prep-6 Government 2.3km
- Australian International Academy of Education Combined Prep-12 Independent 2.3km
- Fawkner Primary School Primary Prep-6 Government 2.4km
- Coburg Primary School Primary Prep-6 Government 2.4km
- Mercy College Secondary 7-12 Catholic 2.4km
- Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 2.4km
- Islamic College of Sport Secondary 11-12 Independent 2.6km
- Australian International Academy of Education - Senior Campus Combined Independent 3.0km
- Northern College of the Arts and Technology Secondary 10-12 Government 3.1km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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