Outstanding opportunity to acquire a complete block of 5 units for $1,125,000 with a split considered for $225,000 for each individual unit.
This neat and tidy complex consists of two separate buildings containing 5 units with 1 bedroom x 1 bathroom in a great central location.
Fully tenanted brick and iron units with leases in place.
All units have good secure leases showing approximately 9.7% gross return.
Enjoy the long-term benefits with units 4 & 5 leased to GROH, currently rented at $350 per week with an increase to $400 per week in early January or February 2023.
-Open plan kitchen with gas cooktop/oven and plenty of storage space
-Tiled throughout the unit with carpet to the bedroom
Council Rates - Unit 1, 2, 4, 5 $1,932.17 | Unit 3 $1,944.82
Please contact Norm Sharp on 0418 935 980 for further detailed information.
