Situated on the corner of Charles and New Bond Street, Midland and within 300 metres from the newly commenced Midland oval re-development project are these 6 brick and tile home units. There is a mixture of sizes and bedrooms with the units, with four being 1 bedroom and 1 bathroom units and the 2 remaining units being 2 bedrooms and one bathroom.
* Within 400 meters from commercial precinct
* 5 units tenanted, 1 remains vacant
* Income of approximately $60,000 in 2018/19
* Ideal superannuation prospect
* Situated on 1012sqm corner lot
Better to have your money invested in bricks and mortar even in a lower than normal rental market. Set yourself for the long term here rental increases are bound to return and is well worth thinking for the SMSF investors as well.
For more information contact Wayne Bacich from LJ Hooker Midland today!
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