Block Of 4 Units on a Torrens Title

Now this is a great little cash flow opportunity! Held by the owner for the last 25years.

- 1,007sqm approx. block.
- Block of units - 4 x 2 bedroom, 1 bathroom, 1 garage units.
- Have been consistently rented over the years.
- Currently let of $200/wk, $180/wk, $200/wk, $200/wk.
- Rates are $8,043/pa.
- Now showing a "net" return of between 7.1% and 7.5% (excluding insurance)(including rates, management fees, water usage).
- Definitely room to improve that return.
- Potential rental return (Unit 1 & 2 $230/wk and Unit 3 & 4 $240/wk)
- So future potential for amazing returns of 9.1% to 9.7%.

Now that's a great little return on your money!

Call us any day, anytime.