50-52 Green Street Windsor VIC 3181

Burgess Rawson is pleased to offer to market 'Windsor Green' located at 50-52 Green Street, Windsor VIC for sale via Auction Investment Portfolio 174.

Investment Highlights:

+ Long proven reputable rooming house since 2003
+ 3 year lease plus options to 2035
+ Fixed 3% annual rent increases
+ Tenant pays all usual outgoings, while the Land Tax is exempt
+ Position perfect only metres from thriving Chapel Street
+ Close, central to public transport options with easy access to CBD
+ Impressive 370sqm* two level dual Victorian Terrace building, recent major upgrade
+ Permit for 12 bedrooms all with private ensuites
+ Prime position 287sqm* freehold site, with triple frontage
+ Activity Centre zoning
+ Strong underlying land value within the City of Stonnington - $2,000,000 median house price (1)
+ Windsor: tightly held affluent inner metro Melbourne, 5km* south off the CBD, neighbouring suburbs include Prahran, St Kilda and Albert Park (precinct)
+ Net Income: $100,000 pa* + GST

For sale via Portfolio Auction Investment 174
10.30am (AEDT) on Wednesday, 19 February 2025
River Room - Crown Casino, Melbourne

* Approx
(1) www.realestateinvestar.com.au