Cheltenham 1-5/17-19 Delacombe Court
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$1,790,000
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Buy 5 Units on One Block for a Brilliant Investment
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With an entire block of 5 single storey units for sale as a whole, this is a prime investment opportunity for developers and investors looking to significantly grow their existing portfolio or even self-managed superannuation funds looking for a solid long term investment. Of the 5 units there are 2 that feature 3 bedrooms (units 1 & 4) while the remaining 3 offer 2 bedrooms and all feature a family bathroom with included laundry facilities and toilet. All feature a generous living area with modern gas wall heater as well as updated kitchen with an upright oven/stove and included meals area. Outside the 3 bedroom units feature large L-shaped courtyard and the rest have easily maintained outdoor spaces. There is off street parking and positioned in a handy location with Le Page Primary School, Cheltenham Secondary College and buses nearby, DFO Moorabbin and Southland Shopping Centre also just minutes away. Currently leased and returning approximately $80,556 p.a. Land size: 1,218m² approx. (pending title verification).
Property Features
- Car Spaces 5
Local Information Cheltenham
Education
Nearest Government Schools
- Cheltenham Secondary College
- Le Page Primary School
- Kingston Heath Primary School
- Cheltenham East Primary School
- Bayside Special Developmental School
- Cheltenham Primary School
Nearest Private Schools
- Our Lady of the Assumption School
- St Catherine's School
- St Patrick's School
- Kilbreda College
- Heatherton Christian College
- Mentone Grammar School
Local Amenities
Parks
- Le Page Park
- Gum Tree Park
- Warrigal Park
- Norfolk Pine Park
Services
- Cheltenham Police Station
- Mentone Police Station
- Moorabbin Police Station
- Bentleigh East Police Station
Sport and Recreation
- Hogben/Mekiff Oval
Healthcares
- Moorabbin Hospital
- Mordialloc-Cheltenham Hospital
- Sandringham Hospital