‘Windsor Green’ – Inner City Accommodation Freehold

Description

Burgess Rawson is pleased to offer to market ‘Windsor Green’ located at 50-52 Green Street, Windsor VIC for sale via Auction Investment Portfolio 174.

Investment Highlights:

+ Long proven reputable rooming house since 2003
+ 3 year lease plus options to 2035
+ Fixed 3% annual rent increases
+ Tenant pays all usual outgoings, while the Land Tax is exempt
+ Position perfect only metres from thriving Chapel Street
+ Close, central to public transport options with easy access to CBD
+ Impressive 370sqm* two level dual Victorian Terrace building, recent major upgrade
+ Permit for 12 bedrooms all with private ensuites
+ Prime position 287sqm* freehold site, with triple frontage
+ Activity Centre zoning
+ Strong underlying land value within the City of Stonnington – $2,000,000 median house price (1)
+ Windsor: tightly held affluent inner metro Melbourne, 5km* south off the CBD, neighbouring suburbs include Prahran, St Kilda and Albert Park (precinct)
+ Net Income: $100,000 pa* + GST

For sale via Portfolio Auction Investment 174
10.30am (AEDT) on Wednesday, 19 February 2025
River Room – Crown Casino, Melbourne

* Approx
(1) www.realestateinvestar.com.au

Enquire

Contact agents
Raoul Holderhead Partner
0413 860 304
Zomart He 何梓轩 Partner
0488 220 830
Sam Mercuri Sales Executive
0413 830 709
Enquiry Form

Windsor, VIC

50-52 Green Street

For Sale by Portfolio Auction
Wednesday 19th February 10:30AM Crown Casino - River Room - Melbourne

This property is part of Portfolio 174

Price: Contact Agent

View Portfolio
Contact agents
Enquire