Entire boutique block - solid returns and enormous opportunities

Investors will be highly impressed with this immaculately presented complex of four apartments that represents a rare opportunity to acquire a substantial income generating asset close to the heart of Ballina. Well-appointed throughout with some smart modern upgrades, all units are ready for immediate occupation with refreshed interiors, good proportions and parking at the rear. The property offers a superb real estate prospect that's very well-located just one block from North Creek, and walking distance to local shops, cafés, schools and sports fields.<br/><br/>- Four x 2-bedroom apartments presented in good condition<br/>- When fully tenanted, $101,920 p.a. in rental income potential<br/>- Fresh and bright interiors with well-appointed kitchens<br/>- Modern bathrooms with combined laundry in each unit<br/>- Four lock-up garages at the rear of the building, with power<br/>- Potential to further update apartments and increase rental yield<br/>- Scope to explore development possibilities to fully capitalise (STCA)<br/>- 250m to North Creek and less than 1km to The Serpentine & Shaws Bay<br/>