* TENDER - CLOSES MONDAY 5TH JUNE AT 3PM UNLESS SOLD PRIOR
* Rare and unique investment opportunity in the heart of Edgeworth
* 5 x 2 bedroom units all sold on one lot with 5 current tenants in lease
* 1,361sqm block zoned R (3) sitting within 300m walk of Edgeworth CBD
* All units are 2 bedroom, 1 bathroom, single garages with internal access
* Some units have bigger courtyards than others, air conditioning
* Current gross return of almost $93,000 (with confirmation of guaranteed rent increases at lease end)
* Great long term investment for all investors
* Floor plans available on request
* Call for inspection times
A one off investment opportunity in the heart of one of Lake Macquarie's fastest growing and most central suburbs. Located within approximately 5 minutes of the freeway and with easy access straight into Newcastle, this site offers 5 brick and tile units on a torrens title block all to be sold as one.
All 5 of the units have current tenants in lease, once the leases are finished the rents will be increased to current market rent increasing the return significantly and making this an even better investment.
Perfect for long term investors or Self Managed Super Funds, all tenants have been in the properties for 10 years or more and the properties are in good condition. For more information or to confirm inspection times, call today.
From all of us at Ray White Toronto/Lake Macquarie, we wish you every success in the search for your next property. If you would like more detail on this or to chat about one of the many other properties we have available please call or email us today..
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document
