Unbelievable opportunity to secure this prime piece of Real Estate which includes 6 x 2 bedrooms units & 2 x 1 bedrooms units.
Although all in original condition, this complex has already been STRATA TITLED & gives the Savvy buyer the option to renovated/refurbish the complex & sell off each unit individually.
The other option is to sit back & reap the high rental return giving you the ultimate nest egg or perfect super fund for when retirement occurs.
3 units are accompanied with a garage while 5 units occupy a car space. Each unit also has a balcony & its own laundry.
The current rental return per annum is $128,760.
Each residence is slightly under rented & with small increases this figure could potentially be lifted to around $140,400 per annum.
Perfectly located only one street parallel to busy Haldon Street & only minutes walk to all popular amenities ensures vacancy rates are always near zero.
This rare offering is an absolute gold mine & should not be missed!!
Council rates: $7,378 pa approx
Water rates: $5,772.80 pa approx
Insurance: $2,576.81 pa approx
