Land, location & opportunity


7 Ballin Street, Ellerslie

Private Treaty

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Land, location & opportunity | 7 Ballin Street, Ellerslie | 1411001 |      X Close
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Land, location & opportunity


Under Alert Level 3, viewings are permitted under strict viewing protocols. Contact the salesperson to be sent the online Private Viewing form before arranging your inspection.

Set Sale Date (unless sold prior): 12pm, Thursday, 11 November 2021

Situated in one of Ellerslies most popular streets lies an incredible opportunity for Developers, land bankers and/or Investors.

The generous 2519sqm site, located in Mixed Housing Suburban zoning, poses an obvious opportunity for development. But that is just the beginning.

What makes this proposition so unique are the five free-standing houses, providing an immediate cashflow of over $180,000 per annum.

The original 1940s brick & tile home has long been extended, circa 1984, and now boasts five bedrooms, while the addition of four townhouses, built circa 1996, all have three bedrooms, with their own garaging.

All properties have been meticulously maintained over the years, with exemplary record keeping by the current owner and with the majoring of works completed to reach Healthy Homes Certification. The properties have had an almost zero vacancy rate. No surprises there - given the location and presentation of the homes.

This popular Ellerslie Heights location is only a short walk to the Ellerslie Village, with its many eateries, convenience stores and fabulous community vibe. Community Basketball and Tennis courts are immediately adjacent and Michaels Park Reserve is also conveniently located, ensuring everyone has the option for some outdoor activity. Transport options and motorway arterials are a stones throw away, further illustrating the quality of the location and its future-proof potential.

Whether you wish to add to your rental portfolio or consider the development options, this rare proposition is not to be missed.

Please Note: Viewing is strictly by appointment only and as a courtesy to the respective Tenants, we ask that you do NOT drive down the driveway without a private viewing booking.

Claire Hutchinson

Ellerslie

Licensed under the REA Act 2008

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Marie Graham

Ellerslie

Licensed under the REA Act 2008

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7 Ballin Street, Ellerslie

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Claire Hutchinson

Ellerslie

Licensed under the REA Act 2008

View profile

Marie Graham

Ellerslie

Licensed under the REA Act 2008

View profile