Nutrien Harcourts in conjunction with Carla Baxter Real Estate have listed for sale this multi tenanted residential investment property located in a well regarded street.
Current Rental Returns
Unit 1 - $160/week - $8,320 p.a.
Unit 2 - $160/week - $8,320 p.a.
Unit 3 - $200/week - $10,400 p.a.
Total Return of $520/week - $27,040 p.a.
The two storey brick and hardiplank clad building is developed into 3 separately lettable units, a summary is as follows:
Downstairs
Unit 1 - open plan living and dining room with split system air-conditioning, kitchen with electric stove & oven, bathroom with shower, toilet, vanity, 2 bedrooms with built ins.
Unit 2 - open plan living and dining room with split system air-conditioning, kitchen with electric stove & oven, bathroom with shower, toilet, vanity, 2 bedrooms with built ins.
Upstairs
Unit 3 - 4 bedrooms, bathroom with shower, bath, vanity, separate toilet, large open plan living & dining area with polished timber floors, verandah with rural views, open plan kitchen with electric oven & stove, pantry.
In addition the property features a communal laundry, detached garage and 2 x carports.
With a current rental return of 8% and a predicted accommodation shortage with a number of large scale infrastructure projects in the region close to commencing this property is sure to impress.
Property ID: #LHN4234
