1, 2 & 3/16 Young Street GOLDEN SQUARE VIC

The Bendigo property market has been on fire in recent times, particularly the investment sector. Properties that are yielding a decent return are at a premium, and this 3-unit complex in popular Golden Square presents a fabulous opportunity for the savvy investor to take advantage of the current climate Being sold as a whole, two of the units are leased to long term tenants (12 & 6 years respectively) whilst the newly renovated Unit 1 is available with vacant possession as a live in investment or rental (appraised at approx $240 per week). There is scope to cosmetically improve and increase the return on units 2&3, which are currently leased at $205 per week on a month by month basis (appraised at $220 per week as is in the current market). This brings the overall potential yield to be approx. $680 per week, or $35,360 per annum. Units comprise of 2 bedrooms (one with built in robes) Open plan kitchen, dining and living (polished floor boards in unit 1) Renovated kitchen in unit 1, the other two serviceable Renovated bathroom and laundry in unit 1, the other two serviceable Heating and cooling Single carport for unit 1, single lock up garage for units 2 & 3 Fenced yard for each unit Sited across 5 separate titles (3 for the units and 2 for the garages), this excellent opportunity to invest in to one of Bendigo’s most popular suburbs will not last long. Close to local amenities and only 5 mins from the city centre, call now to arrange an inspection ** Please note: photos depict units 1 & 3. Please allow 48 hours notice for tenants to inspect