With a good ROI this property is one to grab now. Located in the heart of the Village Square complex in Montville Village, this tenanted investment property is hard to beat. Being 1/2 of the business floor space being used for the local Chemist, your future income is assured. Happy tenant who pays all outs - apart from sinking fund, your outlay is minimal to say the least.
If you want a secure nestegg, then this is the one you want.
The size of Montville is approximately 17.7 square kilometres. It has 10 parks covering nearly 15.7% of total area. The population of Montville in 2011 was 886 people. By 2016 the population was 949 showing a population growth of 7.1% in the area during that time. The predominant age group in Montville is 60-69 years. Households in Montville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montville work in a professional occupation. In 2011, 79.5% of the homes in Montville were owner-occupied compared with 80% in 2016.
Montville has 700 properties. Over the last 5 years, Houses in Montville have seen a 88.76% increase in median value, while Units have seen a 53.33% increase. As at 31 October 2024:
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