New
Auction 18/07/24
1-8/24 Walsh Street, Ormond VIC 3204
Apartment
1688
Block size: 858 m² approx.
Invest with Confidence! Enhance Your Portfolio with Exceptional Returns
Experience a unique investment opportunity at 1-8/24 Walsh Street, Ormond! For the first time ever on the market, this property boasts 8 spacious 2BR apartments (all individually, strata titled), each complemented by its own car park.
Occupying approximately 858sqm of prime real estate, this block presents an annual rent of $102,000. With a strong history of long-term tenants exceeding 30 years, this offering provides stability and the opportunity to increase rents closer to market value to increase the overall yield from day one!
Seize this exceptional chance to enhance rental income and elevate property value immediately.
Situated in proximity to Ormond station and local shops, this property offers effortless access to transportation hubs, ensuring connectivity is at your doorstep.
With esteemed educational institutions like Kilbreda and McKinnon Primary School in the vicinity, this location caters to families and individuals alike. Embrace the ease of urban living while reaping the benefits of a thriving community setting.
Don't miss out on this prime location teeming with endless possibilities, where convenience meets investment potential!
Features include: Air conditioning,Internal Laundry,Bath
Occupying approximately 858sqm of prime real estate, this block presents an annual rent of $102,000. With a strong history of long-term tenants exceeding 30 years, this offering provides stability and the opportunity to increase rents closer to market value to increase the overall yield from day one!
Seize this exceptional chance to enhance rental income and elevate property value immediately.
Situated in proximity to Ormond station and local shops, this property offers effortless access to transportation hubs, ensuring connectivity is at your doorstep.
With esteemed educational institutions like Kilbreda and McKinnon Primary School in the vicinity, this location caters to families and individuals alike. Embrace the ease of urban living while reaping the benefits of a thriving community setting.
Don't miss out on this prime location teeming with endless possibilities, where convenience meets investment potential!
Features include: Air conditioning,Internal Laundry,Bath
Inspections
Can't inspect in person?
Contact Tom Grieve to enquire about this property including alternatives to in-person inspections.
Auction
Thursday 18 July, 1:00pm
On site
Key details
Bedrooms:
16
Bathrooms:
8
Garage Spaces:
8
Property type:
Apartment
Block Size:
858 m²*
Other Details
Next Inspection:
Maps and area information
Block information
Block size: 858m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Ormond's suburb profile
Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Ormond suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
8,328
Listing ID: 182627877. This listing has been viewed 1 time. It was first displayed on 26/06/2024 and last updated on 01/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.