This freestanding block of five units, situated on two consolidated titles represents an exceptional opportunity to either expand or kickstart a high-quality real estate portfolio with promising returns. Located at 30 Seventh Street, Boolaroo, this property is being offered for sale through an In-Room Auction as part of a portfolio sale.
Each unit boasts modernised kitchen and bathroom, open plan living and internal laundry, only walking distance to Boolaroo shops and transport.
Separately metered for electricity and water, with an excellent potential to add value by Strata Titling STLCA.
Features include
• Practical spacious floor plan to all
• Built in robes to bedrooms
• Modern kitchen and bathroom
• Separately metered for water and electricity
• Undercover parking at rear
• Large consolidated 1,100m2 block
• R2 Zoning - 18.3m wide x 60.4m depth
• Walk to shops, lake and transport
• Gross return of $93,080 per annum
To be sold by Auction In Rooms on Wednesday 12th February at 1pm - The Mercure Hotel, 12 Steel Street Newcastle West.
Pest & Building Reports available.
For Info Pack with additional info including unit specifics, additional photos and related information email agent - view at scheduled times.
Outgoings
• Water: $1,528.26 pq - Approx.
• Council: $541.50 pq
• Insurance $6,045.00 pa
• Yard Maintenance: $3,344.00 - Approx.
Current Rental Return
• $93,080 per annum
