‘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 304Zomart He 何梓轩 Partner
0488 220 830Sam Mercuri Sales Executive
0413 830 709Enquiry Form
Windsor, VIC
50-52 Green Street
For Sale by Portfolio Auction
This property is part of Portfolio 174
Price: Contact Agent
Contact agents
-
Raoul Holderhead Partner
0413 860 304 -
Zomart He 何梓轩 Partner
0488 220 830 -
Sam Mercuri Sales Executive
0413 830 709