1-8 / 23-27 Cavendish Drive Heatherton
1 Title, 8 Units, 1,660sqm approx
ALSO KNOWN AS 9 BALL ROAD, HEATHERTON
Corner a solid return today and benefit from a wide-open outlook tomorrow. Offered for sale for the first time in 40 years, this 8-unit property on a significant approx 1,660sqm corner site offers proven investment success with potential to improve in the future.
Solidly constructed, this unparalleled investment package has a fully leased rental return of approx. $117,000pa, a history of full-tenancy, and future scope to lock in good annual growth.
With six 2 bedroom and two single bedroom floorplans across two separate blocks, each unit has a dedicated carport space, and access to well-groomed lawned grounds front and rear.
Situated adjacent to the The Heath prestige home estate and world-class Kingston Heath Golf Club, this rare corner opportunity is within equally easy reach of Southland and Parkdale Plaza (DFO) shopping centres, with the best of Bayside beaches, golf courses and shopping close.
Positioned with a northerly boundary to flexible open space, these readily tenanted units are also easily accessible to parklands (including Henry St Reserve Walk leading to Karkarook Park).
Perhaps most importantly, this unique investment package is well-positioned to take advantage of the wide open refurbishment and redevelopments opportunities offered by this future green belt precinct.
For further details please call Julian Augustini from Hodges Brighton on 0418 558 408 or Romana Preston from Hodges Brighton on 0401 066 909.
On the radar
Heatherton - 3202
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