Kalimna West

LAKES ENTRANCE REGION INVEST OR DEVELOP

Here's your opportunity to secure an investment property with future development potential at the gateway to Lakes Entrance. The property comprises seven units, four homes, a tennis court and good shedding spread across four titles and nearly five acres of land. Three of the homes and the units are currently leased as residential tenancies and offer a combined gross return of over 8% with the current owner residing onsite in the fourth home. There is also a current planning permit to build six additional lifestyle/retirement homes on the property should the new owner wish to develop the property further.
The main home is located behind a remotely operated electric gate and consists of three bedrooms, a veranda on two sides, wood heating and split system reverse cycle air conditioning. There's plenty of room for the caravan and boat as adjacent to the home is there is a colorbond lockup garage with front porch and skillion side carport. The units and the other three homes have recently undergone significant renovations and improvements, town water is connected and the NBN is available. A vast infrastructure upgrade including the installation of a state-of-the-art electrical system means each unit and the homes are independently smart metered, supporting independent living. The system also manages public lighting and controls the heat pump hot water system to the units.

Lakes Entrance is only five minutes by car, Metung is ten minutes and Bairnsdale only twenty-five minutes. The V-Line Bus Stop is right out the front (which offers connections to the Melbourne Train Line in Bairnsdale) and the Colquhoun Mountain Bike track and Regional Park is just across the road. Don't miss this opportunity to secure a property in a popular tourism region with secure, above average returns and further development potential. Call today for more information.

  64 Robertsons Road, Kalimna West

Price


$1,428,000

Specifications


Land size: 19,496 Square Metres approx.


Address


64 Robertsons Road
VIC KALIMNA WEST

Price


$1,428,000

Specifications


Land size: 19,496 Square Metres approx.


Address


64 Robertsons Road
VIC KALIMNA WEST

For Sale



Inspection by appointment


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Warren

Warren Meade

Sales Consultant

Bairnsdale

Contact


Warren

Warren Meade

Sales Consultant

Bairnsdale

M. 0412 981 531