Rarely the opportunity arises to purchase a block of 3 Units on the one title, no body corporate fees, no negotiating with other owners, it is yours to do with as you please.
These units have an excellent rental history with sound returns. Collectively the rent is $765 per week, giving a gross return of $39,780pa ($3315pcm) that should be enough to cover the mortgage and most of the outgoings.
Unit 1: A spacious two bedroom unit with two good size living areas, tasteful décor throughout, returning $275pw
Unit 2 & 3: Are one bedroom units with open plan living areas that include a modern kitchen and living space, bathroom & laundry combined. Unit 2 currently returning $240pw and Unit 3 returning $250pw.
Each unit has a car parking space at the front of the unit and a combined rear yard for the enjoyment of all of the tenants.
These units are a set and forget investment, with the upside being if one tenant vacates you will still have an income stream from the other 2 units whilst awaiting a new tenant.
