Block of 4 Investment Units returning 7.8%
Brilliant central location, where tenants can walk to the main street, restaurants and shopping. Offered for sale are the 4 low maintenance units, 2x 1 Bedroom and 2 x 2 Bedrooms, that have shown a constant return on investment for the current owner. Very low vacancy rates. Unit 1. 1 Bedroom $110 pw. Leased Expires 10 November 2014. Unit 2. 1 Bedroom $115 pw. Lease Expires 30th June 2014. Unit 3. 2 Bedroom $130 pw. Lease: Periodic. Unit 4. 2 Bedroom $130 pw. Lease Expires 8th August 14. Individual carports are attached.
This property has both front and rear access for tenants.