Springvale 1-4/21 Royal Avenue

It can be hard enough finding a unit to buy as an investment in central Springvale these days, imagine how rare it is to find an entire block of 4 units for sale as a complete package. All currently tenanted and offering instant returns, this puts it square in the sights of experienced investors, self-managed superannuation funds and even developers who recognise the future potential for townhouse and multi-storey apartment development (STCA). With unit 1 offering 3 bedrooms and the remainder being 2 bedroom homes, all feature spacious living/dining areas, a kitchen with upright oven stove, large family bathroom, separate toilet and a full laundry. All units have a single garage and the courtyards are generous too – in particular unit 4 that has covered and enclosed patio areas as well as a vegie garden and additional storage. And it's all about the location here with all of central Springvale's shops, eateries and transport options just a short walk away. Currently returning: $53,460.00 p.a. approx.
Land Size 1103m2 approx ( pending title verification)

Property Features

• Garages 4