2a Staverly Rd, Herne Hill is a 6 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 862m2.
A fantastic opportunity exists for the astute investor to acquire this block of 6 x 1 bedroom units in the fast growing and highly sought after suburb of Herne Hill. Located within walking distance to all amenities including shops, transport, schools and parklands and set on approximately 880sqm this unit block is truly a rare find. Each unit offers a private courtyard, open plan kitchen, meals and living area and generous bedroom with ensuite. Each unit is individually titled and separately metered with a combined annual rental return of approximately $55,692 per annum, with scope to further add value and increase rental return. This rare opportunity means speed will be of the essence to secure this super investment.
Due Diligence checklist are available at www.consumer.vic.gov.au/?duediligencechecklist
The size of Herne Hill is approximately 1.5 square kilometres. It has 5 parks covering nearly 13.2% of total area. The population of Herne Hill in 2011 was 3,322 people. By 2016 the population was 3,390 showing a population growth of 2.0% in the area during that time. The predominant age group in Herne Hill is 20-29 years. Households in Herne Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Herne Hill work in a professional occupation. In 2011, 64.3% of the homes in Herne Hill were owner-occupied compared with 59.1% in 2016.
Herne Hill has 2,126 properties. Over the last 5 years, Houses in Herne Hill have seen a 33.88% increase in median value, while Units have seen a 18.82% increase. As at 31 October 2024:
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