46-48-50-50a Scoresby Street & 23 Nolan Street Kerang VIC 3579
For Sale $1,000,000
- Property Type House
- Land area approx 1997sqm
- Region Loddon Mallee
- Locality Gannawarra
- Toilets 5
- Garages 5
Exciting Investment Opportunity in Kerang, Victoria!
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 5 properties on a single title, which includes 3 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 capitalize 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!
remarkable investment prospect in the heart of Kerang, where a bright future is on the horizon. With the proposed rare earth mine from and ongoing developments positioning
Property Features
- Floorboards
- Evaporative Cooling
- Ducted Cooling
- Built In Wardrobes
- Broadband
- Air Conditioning
- Secure Parking
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Call Agent
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Nathan HipworthGraeme Hayes Real Estate
Call Agent
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Graeme HayesGraeme Hayes Real Estate