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Clayton, 1 Murray Street

Long Term Investment, That Will Double or Triple in Value!!

$2,500,000

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Listing Number: VCY32765
About this listing
That is my personal view of this property and I have sold enough and worked in the area long enough to know where this property is heading. *(Yes I would buy this property myself.....if the bank would lend me the money)
Due to the longer than normal lease agreement signed prior to people discovering the true value of this property. This is a SMART BARGAIN BUY at this price!!!!
Similar properties to this in similar locations have fetched $4 000 000-$7 000 000 due to changing needs of the area. It is inevitable that Murray St will boom.
This one is for those who are patient, those who are happy to park their money knowing that there will be "Massive" rewards for their time and effort.
Currently on a long term lease to "Murray St Early Learning Centre"

Why you SHOULD buy!
-Location, Location, Location, Location, Location, LOCATION!!!!
-716m2 Residential Growth Zone (17.2 X 42)
-Recent sale in Clayton at $4 000 000 (980m2) Same Zoning
-Realistic Potential to Double and Triple in Value based on similar characteristic properties in similar characteristic suburbs (Box Hill, Glen Waverley)
-Great Long Term Investment, Blue Chip Stock
-It Is Cheap and Undervalued

Why you Shoudn't buy!
-If you have no patience
-If you are chasing rental yield (Lease is subject to annual increase CPI based and at the end of each term market review)* Refer to lease agreement
*All Enquiries must have full contact details, Full name, Phone Number and Email address
*Inspections are by appointment only and restricted to after hours (Due to the nature of the business being operated)
Property Information
  • Property Type: House

Contact Details

Harcourts Clayton

272 Clayton Road
Clayton
Office website

Property Location

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