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Exciting investment opportunity in Kerang

46-48-50-50a Scoresby Street & 23 Nolan Street, Kerang
10 bed     5 bath     5 car     1997 Square metres
$1,000,000

DISCOVER a remarkable investment prospect in the heart of Kerang, where a bright future is on the horizon. With the proposed mineral/rare earth mine and ongoing developments positioning the Gannawarra Shire as a green energy hub, the Kerang region is quickly becoming a focal point for growth and opportunity.

We are offering a unique package consisting of five properties on a single title, which includes three separate dwellings and a duplex. Several of these properties have undergone significant renovations, ensuring they are positioned for high demand.

Income Potential: With all properties leased, the property will generate an impressive annual income of approximately $60,000 with substantial potential for growth in the years to come as the region develops and attracts more residents and businesses.

Zoning and Development Opportunities: The property is zoned commercial, which opens up multiple avenues for future development. The expansive allotment provides the flexibility for substantial projects, such as a shopping centre or a supermarket, tapping into the increasing population and economic activity in the area.

Investment Benefits:

• High rental yield with existing tenants.

• Significant upside potential as the region grows.

• Diverse options for future development (commercial, mixed-use).

• Ideal for inclusion in a superannuation investment portfolio.

Why Invest Here? As Northern Victoria continues to evolve and establish itself as a green energy hub, strategic investments in areas like Kerang are poised for strong returns. This property offers not just a stable income stream but also a canvas for future developments that can capitalise on the region’s promising trajectory.

Don’t miss this opportunity to invest in an area on the brink of transformation. Contact us today for more details and to secure your stake in Kerang’s bright future!

Features

     Air conditioning

     Ducted cooling

     Evaporative cooling

     Split-System Air conditioning

     Split-System heating

     Secure parking

     Broadband internet available

     Built-in wardrobes

     Floorboards

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