Discover an exceptional investment opportunity at 6 Bice Street, Barmera. This unique property features five 2-bedroom units, each designed for comfortable living with a kitchen, two bedrooms, and a living area. Additionally, a communal laundry serves all tenants, ensuring convenience for all.
At the front of the property fronting Bice Street, you'll find a commercial space that offers renovation potential and future income opportunities, making this property a versatile investment.
All units are currently leased, generating a collective income of $1,175 per week, with room for further growth. Situated just 100 metres from the main street of Barmera, tenants will enjoy easy access to dining options, supermarkets, and a variety of specialty shops.
Key features include:
• Five 2-bedroom units, each with a kitchen and living area
• Communal laundry for tenant convenience
• Commercial property at the rear with renovation potential
• Current collective income of $1,175 per week
• Potential for income growth
• Located 100m from main street of Barmera
• Close to dining options, supermarkets, and specialty shops
• Comfortable living environment for tenants
• Strong investment opportunity
• Future potential for commercial property
• Zoning: Township Main Street (TMS)
Lease details below:
• Unit 1: $225 per week - Fixed Term 25/06/2024 to 24/06/2025
• Unit 2: $225 per week - Fixed Term 24/05/2024 to 23/03/2025
• Unit 3: $225 per week - Fixed Term 17/06/2024 to 16/06/2025
• Unit 4: $250 per week - Fixed Term 23/06/2024 to 22/06/2025
• Unit 5: $250 per week - Fixed Term 09/02/2024 to 08/02/2025
Pat Catalano
0477 590 540
Janis Richter
0439 809 949
RLA: 315295
Disclaimer: While we have made diligent efforts to ensure the accuracy of the information provided, we assume no responsibility and disclaim any liability for errors, omissions, or inaccuracies, including boundaries depicted in aerial imagery. It is recommended that potential buyers conduct their own inquiries to validate the information presented herein.
