SOLID INVESTMENT, SOLID BUILDING SITUATED IN PRIME LOCATION

Here's a fantastic opportunity to purchase a double story brick building with 4 bright and airy residential units on one title and have separated electricity meter. Current rental return $75,920.00 per year with potential to increase return and all situated on 15.24mx42.16m= 620sqm. Only moments away from the Entrance town centre, this property is footsteps away from plenty of cafes, restaurants, shopping, public transport, schools and much more<br/><br/>Unit 1<br/>-2 spacious bedrooms <br/>-1 bathroom with bathtub and free-standing basin and mirror cabinet<br/>-Open plan lounge, dining and kitchen<br/>-Carpets floor throughout <br/>-Shared laundry <br/>-Own car space<br/>Currently leased $280.00 a week and has a potential to increase the rent<br/><br/>Unit 2<br/>-2 spacious bedrooms <br/>-1 bathroom with bathtub and vanity cabinet and mirror <br/>-Open plan lounge, dining, and kitchen<br/>-Tiled floor throughout in the living area and carpets in the bedrooms<br/>-Shared laundry<br/>-Own car space<br/>Currently leased $350.00 a week <br/><br/>Unit 3<br/>-1 spacious bedroom <br/>-1 bathroom with internal laundry<br/>-Open plan lounge, dining and kitchen<br/>-Timber floor throughout <br/>-Shared laundry <br/>Currently leased $280.00 a week <br/><br/>Unit 4 has just renovated throughout 2 years ago<br/>-4 spacious bedrooms <br/>-2 bathrooms and single lock up garage<br/>-Main bathroom with modern bathtub and separate shower recess and vanity cabinet<br/>-Separate toilet<br/>-Ensuite to the main bedroom<br/>-Open plan dining and kitchen<br/>-Huge separate formal lounge room<br/>-New Vinyl floor throughout in the main living area and new carpets to all bedrooms<br/>-Internal laundry <br/>Currently leased $550.00 a week <br/><br/>Property Details:<br/>Council rate: $358.60 per quarter.<br/>Water rate: $820.00 per quarter approx.<br/>Land Size: 620m2<br/>Total Rental Return: $75,920.00 per year<br/>Unit 1: $280/week<br/>Unit 2: $350/week<br/>Unit 3: $280/week<br/>Unit 4: $550/week <br/><br/>E.& O.E. Whilst every care has been taken in producing the above information, no warranty is given or implied as to the accuracy. Prospective purchasers are required to take such actions as necessary to satisfy.