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Capitalise on Property and Position - 16 Unit Complex

24 Midlands Drive, Ballarat North
EXPRESSIONS OF INTEREST - Closing 2nd August 2019 For Sale
Block Of Units
  • 16 Bedrooms
  • 16 Bathrooms
  • 2145 sq metres
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Thomas Reardon
0458 207 065
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Description

Originally built as retirement living in 1982, this is the first time this exceptional property has been publically offered for sale.

Conveniently positioned just around the corner from Northway Shopping Centre, the entire complex offers 4 x double story buildings with a total of 16 units.

Each unit has a bright, light-filled atmosphere with various updates including to the bathrooms, kitchens and heating and cooling systems. There is still plenty of scope for further modernisation and value to be added.

Units are accessible via central hallways and stairwells, and have electronic doorbells with speakerphones.There is also a shared laundry and storage room in each of the four buildings.

The units would suit a multitude of uses, such as student or hospitality accommodation, retirement or aged care, or investment with potential
to subdivide and/or develop (STCA).

The complex is set on spacious grounds in excess 2000m2.

There is plenty of room for occupants to relax and unwind amongst colourful garden beds and grassed areas.

Also included are carports plus visitor parking.

This is a one-of-a-kind opportunity for the astute investor or institution. Enquire today to book your private inspection through Sole Selling Agents.

Features

Air Conditioning
Gas Heating
Split-System Air Conditioning
Balcony
Courtyard
Shed
Built-in Wardrobes
Intercom