MEDIUM DENSITY RESIDENTIAL SITE – BLUE CHIP OPPORTUNITY IN SHERWOOD

This blue chip block of units is located in a prominent position close to Sherwood Central Shopping Precinct, schools, transport, casual cafes and much more.

The configuration comprises:
3 x 2 bedroom | 1 bathroom | 1 car and;
2 x 1 bedroom | 1 bathroom | 1 car accommodation

Additional information:
• 809m2 medium density site eligible for D/A for multi-unit / multi-storey site 5 levels
• Walk to local shopping precinct including Woolworths, Medical, casual cafes and Sherwood State School
• Public transport at front door
• Ideal superannuation fund investment holding or re-development to capitalise on current
• Multi-level zoning
• Flood free
• Rental potential approx. $110,000 per annum

Unit 1 – Lease expiry 28/02/2025 at $390 per week increasing to $450
Unit 2 – Lease Expiry 28/02/2025 at $420 per week increasing to $450
Unit 3 – Lease Expiry 14/01/2025 at $380 per week increasing to $450
Unit 4 – Lease Expiry 08/09/2025 at $370 per week
Unit 5 – Lease Expiry 09/02/2025 at $330 per week increasing to $400

Council Rates: $2,105.15 per quarter
Water Rates: $1,227.00 per quarter

For Sale by Private Treaty

Opportunities like this are rare, register your interest today!