Fantastic opportunity for any savvy investors looking for a solid return with this rare find of 3 units in this ideal location on the corner of Fitzroy and Gavey Streets Mayfield. Close proximity to Mayfield's shopping precinct with popular local cafes within walking distance. Currently the units are returning a combined income of $46,280 p/a with happy tenants happy to stay on. Scope to add value or landbank for now for future development potential (STCA) in this Newcastle suburb hotspot.
Currently the units are configured as folows:
1/29 Fitzroy Street, Mayfield 2B,1B,1 Carspace $260p/w
2/29 Fitzroy Street, Mayfield 2B,1B, 1 Carspace $330p/w
3/29 Fitzroy Street, Mayfield 2B,1B, 1 Carspace $300p/w
- Private inspections by appointment
- Rental return $46,280 p/a
- All units have lovely courtyard areas
- Secure parking at rear of premises
- Close to local schools, shops, cafes & transport
- Short drive to Newcastle's finest beaches, restaurants, cafes & nightlife
Council Rates $1870 p/a
Water Rates $825 p/a
Property is proudly marketed by Scott Ferris from One Agency Ferris Properties. Please call Scott today for all enquiries regarding this property.