19/16 South Circular Road

Gladstone Park VIC 3043

Brilliantly located on the doorstep of the Gladstone Park Shopping Centre, this low-maintenance unit has been well kept and comes complete with security intercom entry, lounge, kitchenette adjoining meals area, large bedroom with mirrored BIR, combined bathroom/laundry, and a low maintenance courtyard with synthetic grass.

Positioned in a 22 unit complex, with well-maintained private grounds and a lovely social environment, this property comes with a covenant stating that its occupier - but not necessarily its owner - must be 55 years of age or older. Therefore, investors of any age could potentially purchase the property and rent it out for approximately $210-$230 per week...but ONLY to a 55 plus year old tenant.

A whole host of amenities including the bus-stop, reserves, medical centres and all types of shopping are only steps away, explaining why properties in this tightly-held complex are so highly sought-after. With settlement terms of 30, 60 or 90 days, do not hesitate to snap up this little jewel before it's gone!