One of the best located multi unit properties located in the Murray river township of Cobram, located on the Corner of William and Ivy Street Cobram
5 X 2 Bedroom Units returning a massive 6-6.5% return on your investment.
All tenanted at $220 per week for a yearly per annum return of $57,200 with room to increase the rental return.
All up to Government tenancy code.
All Brick Veneer construction with Kitchen Dining Living area plus separate bathrooms and toilet.
Split system heating and cooling plus ceiling fans.
Off street individual car parking.
Short 300 metre walk to local primary school, even closer to sporting facilities such as lawn bowls and lawn tennis clubs, local show grounds and cricket facilities.
Walking distance to the central business district of Cobram and a short drive to the Murray River itself with sand bars and recreational reserves.
These units are priced to sell with this excellent return and will always be popular by all tenants looking, due to the added benefit of the perfect location, close to everything tenants require.
$825,000-$900,000
56&58 William & 1,2,3 Ivy Street Cobram
