Offering the opportunity to secure a block of units on one title, a ready made investment with excellent scope to refurbish or redevelop (STCA).
The complex sits on a parcel measuring approximately 732 sqm close to schools, public transport and sporting facilities.
Each unit displays two bedrooms with built in robes, a generous sized bathroom with a shower, bath and vanity while the toilet is separate, a spacious living room, kitchen with ample storage and large enclosed courtyards.
All units are very sound and in generally good condition. The opportunity exists for a new owner should they wish to renovate the units to achieve a higher rental return and provide some possible tax deduction.
The units are being offered as a whole, presenting an excellent nest egg long term investment with an overall return of $510 per week with further potential. All units are currently tenanted with tenants looking to sign new leases.
So if you are looking to expand your property port folio or enter the investment market then this is certainly one to explore. Inspections will require at least 24 hours notice.
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