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14 Rusden Street, Elsternwick

SOLD for $1,125,000

6 1 3

FREEHOLD SALE "Discover an exceptional investment opportunity in the heart of Elsternwick, being offered for the first time in 20 years!


This prime property is leased by a high-profile ASX listed company, guaranteeing stability and reliability of tenure. With a new lease that commenced on 26/3/2023, offering a 3-year term with options 4 x 5 years, this prime investment guarantees long-term income potential.

Benefit from turn key ownership as the tenant covers all outgoings, including Land Tax, while enjoying a 4% annual rental increases. Currently yielding $66,560 per annum plus GST, this lucrative investment promises steady returns.

Conveniently located with ample onsite parking and boasting a commanding 40m frontage to Nepean Highway, visibility is maximized for your investment. Situated close to Elsternwick rail station and surrounded by desired amenities, this property presents an unparalleled opportunity for discerning investors seeking stability and growth in the real estate market. Don't miss out on this prime investment opportunity!"

Details

Address 14 Rusden Street, Elsternwick
Price SOLD for $1,125,000
Property Type Residential
Property ID 3420
Category House

Location

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Bill Stavrakis

0418327622

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