Presented by The Mr Sell Team
This is a very smart investment property as it offers a huge rental return. If you’re planning of giving the townhouses some love then this rent could easily be increased again making the return even better. The new owners get the control of the body corp and sinking fund (if needed). Savvy investors will be all over this deal as these are the types of properties that help move you one step closer to retirement.
Offering a rare opportunity to the market, this tidy cavity brick unit block will impress with its ready-made investment and capital growth opportunities. Set on an 809m2 block in an exceptionally convenient pocket of the Redlands, the four-residence building is currently generating weekly rental income.
Walking distance to countless amenities including Cleveland CBD, shopping centres, and Schools. Only a short drive to the Redlands and Mater Hospitals, Cleveland Train Station and easy access to Bay Islands.
The property's four (2 bed, 1 bath, 1 car) townhouses offer large bedrooms with built-in robes, each boasting a private courtyard and private garage. The block is fully occupied with long term tenants, managed under the New Horizons Body Corporate.
