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20 Mitcham Street
gaythorne

  • 5 Bed
  • 3 Bath
  • 3 Car
  • 600sqm

Sold for $978,500

Investors and Developers Take Note!

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Currently consisting of 3 units perched on a 600m2 block, this property is suitable for redevelopment in units or townhouses - or retain as a long term hold taking advantage of strong rental yields.

Set in a fantastic location just walking distance from Park lands, Shops, Child care centres, Brookside Shopping Centre, city train and bus services. Schools in the area include Mt Maria College, Mitchelton state and high schools, Our Lady of Dolours Primary School and Hillbrook College.

There are currently 3 tenancies within the complex with a return of $885.00 per week.

Long term development potential - zoned Residential B R3

In this current market it is a very rare offering.

For a package of information on this site, please contact David Little on 0400 980 003.

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