Corner Property with Development Potential (STCA)
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Corner Property with Development Potential (STCA)
Mitcham 430 Springfield Road
Sold for $1,025,000
UNIT 1 & 2 TO BE SOLD AS ONE ALOTMENT With 2 street frontages and 2 incomes this property is a perfect addition to your investment portfolio, with the future potential to redevelop (STCA). The bonus… 2 residences – 1 title!
Currently returning $2,602.00 p.c.m. these two units both offer 2 bedrooms, 1 bathroom and 1 carport each and are rented month to month.
Frontage to Springfield Road is 18.26m (approx.) and Venice Street is 26.64m (approx.), this property is ideally located just a short walk to Mullauna College and on to Mitcham Private Hospital and Mitcham train station plus city access via Eastlink.
Don't miss this chance to secure a prime piece of Mitcham with instant income and future potential.
Land Size: 661sqm (approx.)
