1-12/20 Cooper Street

An investor's dream, this collection of apartments will take pride of place in any property portfolio, with their excellent rental returns and sub-division potential (STCA). Under the one title, this block of 12 apartments allows scope for improvement, each offering similar layouts revealing two spacious bedrooms serviced by a central bathroom/laundry plus great open plan kitchen, meals and living zone. There’s also the added benefit of each having their own access to off-street parking. Positioned in a blue-ribbon locale, within close proximity to the Preston Market, High Street shopping/dining, public transportation; Preston Train Station, parklands and numerous amenities. Total land size is 1,283sqm (approx.). Lease returns of approximately $260,000 per annum. - Rare opportunity to purchase 12 apartments under the one title. - Excellent land bank prospect, with scope to improve, subdivide to sell off individually or continue to keep as a rental investment. (STCA) - Blue ribbon location central to local shopping, schools, transport and parklands.