High land content, city views and excellent returns.
Positioned in a quiet side street in the sought-after suburb of Newmarket, this well maintained block of 6 flats offers an exceptional opportunity for investors. Set on a generous 1214m² block, the property features:
2 x 2-Bedroom flats: Each flat includes 1 bathroom, 1 carport, and modern kitchens and bathrooms for contemporary living. These larger units are perfect for couples or small families.
4 x 1-Bedroom flats: Each featuring 1 bathroom, 1 carport, and a modern, well-appointed kitchen. These flats are ideal for professionals, students, or singles seeking a comfortable living space.
City Views: The front flats offer city views, providing a rare bonus.
Rental Return: Currently generating a combined rental return of $1,895 per week, this property presents strong cash flow potential for investors.
Ample Land Size: With a total land area of approximately 1209m², there is room for future development or potential for further value-add opportunities.
This block of flats is in a highly desirable location, close to transport links, schools, shops, and all the amenities Newmarket has to offer. Whether you’re looking for a stable rental income or exploring future growth potential, this property is a fantastic addition to any investment portfolio.
Contact us today to arrange an inspection!
