46 Webster Street, Mortlake VIC 3272
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With a new lease in place for $500 per week, this one makes for a very handy investment indeed, returning $26,000 annually, a tick under six percent gross return.
Just a tiny stroll to the main street of popular Mortlake is this grand character-filled weatherboard period home. Expansive floorplan featuring, depending on how you choose to utilise the layout, 5 bedrooms, 3 living areas, 2 bathrooms, and a large kitchen. Beautiful street appeal with west and north verandahs fronting the streets of this corner site of approximately 700 square metres with low-maintenance yard.
The property has previously been a wonderful family home (big enough for two families!), substantial office/business space, and a rental property ideal for workers in the thriving town and surrounds; and still the options for it remain endless.
The house has always been well looked after and maintained, the roof is only approximately 10 years young, and some floor coverings and window furnishings are updated. Magnificent high ceilings, huge rooms, incredible street appeal and options aplenty. Truly one-of-a-kind.

52 700m2