9 Cobham Road

Mitcham VIC 3132

This is a rare opportunity for investors to earn two rental incomes while investing in a prime parcel of land. The homes may also ideally suit multigenerational families wishing to live in proximity.

The dwelling in the front had been leased until recently at $1629 per month. It features four bedrooms, two bathrooms, a lounge with an open fireplace, and a sunny open plan family room.

The dwelling at the rear had been leased until recently at $1390 per month. It is independent of the front building with its own rates and utilities. Had been restumped and refurbished less than ten years ago. Has its own secure front and rear yard, perfect for pets and gardening lovers.

Both dwellings have been managed by Philip Webb for over 20 years earning a regular income.

Situated in a leafy family neighbourhood on the Mitcham/Donvale border. Positioned within walking distance to schools, shops and transport. The beautiful Mullum Mullum Valley is only a couple of streets away, perfect for your daily walk or bike ride.

This site offers an exceptional opportunity for future redevelopment. Massive 1008sqm of prime land, north-facing backyard. Build new townhouses or perhaps a new home while retaining the building at the rear. (STCA)

***PhilipWebb Real Estate Coronavirus Update***

The health of our valued clients and staff is our highest priority. Please note the following changes to our open for inspection processes:

QR codes will be used to check in
Our agents and any other employees of the agency at the opens are fully vaccinated.
Density quotients will apply
Please maintain safe social distancing of 1.5m from anyone in attendance
Avoid touching surfaces including fittings and fixtures within the property
Hand sanitiser is provided

We kindly ask that you refrain from attending an inspection if you:

Are experiencing flu-like symptoms
Have tested positive to, or have recently been in contact with someone diagnosed with Coronavirus
Have recently travelled overseas or have been in direct contact with someone who has