GUARANTEED SALE ON THE 09/07/2011*
AN OUTSTANDING, RARE AND UNIQUE OPPORTUNITY HAS PRESENTED ITSELF TO PURCHASE STRATEGICALLY LOCATED BLOCK OF UNITS FOR AN OUTSTANDING PRICE THIS PROPERTY MUST BE SOLD!
On offer is a well maintained, solid brick and tile block of flats in the heart of Mansfield, consisting of three one bedroom apartments and three two bedroom apartments returning approximately $75,000 gross income per annum (less outgoings of approx $12,000).
A drastic change in circumstances means the owner must have the property sold as soon as possible! As stated the property is in good original condition is very rentable with scope to increase yields with possible renovations down the track.
The two bedroom apartments consist of a large open plan lounge/dining adjoined by a simple yet functional kitchen. Both bedrooms in the apartments have built-in wardrobes with the main easily accommodating a Queen sized bed. A large main bathroom is functional with a combined toilet and would accommodate a laundry if needed.
The one bedroom apartments are a reasonable size with separate, living space, main bedroom and main bathroom (again with room to accommodate a laundry). All apartments share a communal laundry currently and also have spate lock up garages with storage. (All apartments have dual access front and rear).
The opportunity to strata title, renovate and sell to take advantage of the prime location is also on offer. A location driven for growth with close proximity to local shops, Westfield's Carindale, Metropole Shopping centre, public transport and local schools and TAFE's, this is the superlative investment. A great opportunity for self managed super funds to take advantage and avoid the pitfalls of the stock market.
MAKE NO MISTAKE THIS OWNER MUST SELL A SALE DATE HAS BEEN SET DON'T MISS YOUR CHANCE MAKE AN OFFER TODAY!
Property Summary:
- Unit 1 - $290/week until (2 bedroom)
- Unit 2 - $260/week until (2 bedroom)
- Unit 3 - $245/week until (2 bedroom)
- Unit 4 - $230/week until (1 bedroom)
- Unit 5 - $220/week until (1 bedroom)
- Unit 6 - $220/week until (1 bedroom)
- Communal laundry
- Six lock up garages with storage
- Level 1062 m2 block
- Approximately 3km to Westfield's Carindale
- Under 12km to the CBD
Auction on Site 09/07/2011 @ 2:30pm
*Subject to reserve price.
The Sustainability report is available upon request.
