Rarely does a block of 6 brick units, on one title, with this rental return come onto the market.
This property returns $1395.00 per week or $72,540.00 per annum.
The current owners are reluctantly selling these units, which have provided them a great investment return for years.
Each unit has 2 bedrooms, large open plan living/kitchen area, with individual carport. These units have an excellent occupancy rate.
Split systems have been installed in each unit for comfort [except unit 1]. Other features include large lounge room, good floor coverings, modern open plan kitchens with electric cooking, electric hot water services, built in robes, plus large outdoor yard and carport for each unit.
These units have constantly demonstrated an excellent occupancy rate, with good long-term tenants.
Land area: 1358m2. This is an impressive parcel of land, that is situated in a quiet well established area of town, surrounded by quality properties. There is also so much potential with this property to increase the rental return with a few minor cosmetic renovations.
This property won't last long, so please give me a call if you would like further information. Nola 0418 504 855