487 South Road, Bentleigh, VIC 3204

Development 1
Price: $780,000
Invest or Re-develop. Rental Return 7%
The Phone Code for this property is: 70071. Please quote this number when phoning or texting.

Rental Return 7% on 80% LVR ($44,000 p.a plus outgoings).
a passing income of approx. $44,000pa plus outgoing, this property is perfectly positioned for Future Re-Development.

Plans for 6 levels, 9 apartments plus shop. ready to be lodged.

Development potential
Walking distance to public transport
Close proximity to amenities such as Woolworths Supermarket, Moorabbin Train Station.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Briner & Associates provides residential conveyancing for Victoria. Please call (03) 9572 0255 or email briner_assoc@bigpond.com.

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Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code 70071 when prompted.

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