The ultimate rental asset: Entire income-producing block
Secure instant portfolio growth with this entire block of four income-producing apartments, set on approx. 569sqm in a highly sought-after inner-city location. This extremely rare opportunity allows astute investors to acquire a complete, readymade rental portfolio in one streamlined transaction.
Benefit from immediate, substantial rental income driven by consistent tenant demand. Each oversized apartment offers comfortable living areas, tidy kitchens, spacious bedrooms with built-in robes, neat bathrooms with combined laundry facilities, and dedicated off-street parking. There's also significant future potential to add value through subdivision or renovation (STCA).
Plus, enjoy a prime location within walking distance of Clifton Hill train station, trams on Smith Street and Queens Parade, Darling Gardens, and Queens Parade Village shops and cafes, with easy Eastern Freeway access – a winning combination for renters and long-term capital appreciation.
Returning a combined rental income of $8,473 per calendar month - $101,676 per annum*
- Flat 1: Two bedrooms, one bathroom, one car space. Currently leased for $2,042pcm*
- Flat 2: Two bedrooms, one bathroom, one car space. Currently leased for $2,129pcm*
- Flat 3: Two bedrooms, one bathroom, one car space. Currently leased for $2,151pcm*
- Flat 4: Two bedrooms, one bathroom, one car space. Currently leased for $2,151pcm*
*Rental figures are approximate.
