The property returns $655 per week or $34,060 per annum, showing a 10.16% return on investment outlay. The current owner is reluctantly selling these units, which have provided her a great investment return for years. The 4 units are all one bedroom units that have had a complete new laundry/bathroom renovation and split systems installed in each unit of recent times. Other features include large lounge room, good floor coverings, modern open plan timber kitchens with electric cooking, electric hot water services, built in robes and draws in the bedroom, plus a small outdoor yard and carport for each unit. These units have constantly demonstrated an excellent occupancy rate, with long-term tenants. Land area: 904m2.
1/67 Edith Street $165 per week. Lease Expires 6 December 2019
2/67 Edith Street $165 per week. Lease Expires 3 June 2020
3/67 Edith Street $165 per week. Lease Expires 1 May 2020
4/67 Edith Street $160 per week. Lease Expires 17 March 2020.