8/16-18 Mckenzie StreetMelton VIC 3337
Property Details for 8/16-18 Mckenzie St, Melton
8/16-18 Mckenzie St, Melton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 18m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (August 2016)
Invest with confidence in the aged care industry. Seize this opportunity to diversify your property portfolio with this affordable entry into strata aged care suites
Demand for supported care that is affordable has never been higher. This rock solid tenant has been full with a waiting list since opening 5 years ago.
* GUARANTEED RENT - $6,817.80 ex GST per annum
* OUTGOINGS PAID BY TENANT
* 7.1% RETURN
* 10 YEARS PLUS 10 X 10
* GOVERNMENT APPROVED TENANT
* FACILITY FULL WITH WAITING LIST
* Unit 8 - $95,000
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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.
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Property History for 8/16-18 Mckenzie St, Melton, VIC 3337
- 08 Aug 2016Sold for $88,000
- 14 Jul 2016Listed for Sale Not Disclosed
- 12 Jan 2016Listed for Sale Not Disclosed
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0About Melton 3337
The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.
Melton has 5,130 properties.
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