7 Madison Drive CRAIGIEBURN, VIC 3064

This is not a misprint! Currently leased to Stockland's, this block offers a return of $8172 per annum. How good is that? Get a return to cover your expenses while you draw up the plans for your dream home.
This block is currently used as a car park in the Highlands' display village, so you are surrounded by quality homes. You'll also be within walking distance to Highlands Lake, the magnificent 4 hectare water feature surrounded by a 1.3km lake perimeter which is the perfect spot for recreation and relaxation. Waterside Cafe, right on the lake, is a hub for catching up with friends for a latte and focaccia. Playgrounds to suit a range of ages, from gentle small-scale fun for toddlers to adventure and challenge for older kids including half court basketball are all their to be enjoyed.
The lease expires on 31st October 2010.
This is definitely an excellent investment opportunity as you won't find another block in Craigieburn with a rental return.
Land is becoming extremely hard to find, so don't delay because this is going to sell fast!