Serious investors take note of this one as it has HUGE future potential and a solid ROI right now of circa 7.5%pa gross!
Located on a 1088sqm allotment on the corner of Albert St & Adelaide Lane, only 1 block from the Fresh & Save shopping centre and 3 blocks from the major Station Square Shopping Complex & 4 blocks from the CBD this property could not be more conveniently located.
All amenities including two schools, swimming pool, cinema and tavern are all within walking distance and this high set property is built on a nice level block with built in car accommodation and storage under each unit.
With a current total weekly income of $870 or $45,240pa and capacity to increase this return over as leases renew the first to inspect this property is sure to buy it.
Please phone Justen Tillman from Blue Moon Property on 0412 262325 for further information and to arrange an inspection.