LJ Hooker Queanbeyan - Jerrabomberra - Googong is delighted to present for sale this rare opportunity to secure an entire complex of 7 units.Located in a prime location only 2 blocks from centre of Queanbeyan and extremely close by to the Queanbeyan River.Neat double storey complex on single title comprising of 6 x 2 bedroom units and 1 x studio along with shared laundry facilities, 2 x store rooms and allocated car space/carports.All units occupied and fully tenanted by long term tenants and all but one lease are held with a NSW Government Department.Level parcel of land comprising 1,043m? in total with potential for future strata subdivision an option, subject to Q.P.R.C approval.Unit 1 - 2 bedroom leased at $330 per weekUnit 2 - 2 bedroom leased at $300 per week (Increase to $330 per week)Unit 3 - 2 bedroom leased at $300 per week (Increase to $330 per week)Unit 4 - 2 bedroom leased at $300 per week (Increase to $330 per week)Unit 5 - 2 bedroom leased at $300 per week (Increase to $330 per week)Unit 6 - 2 bedroom leased at $300 per week (Increase to $330 per week)Unit 7 - Studio leased at $150 per week (Increase to $200 per week)Gross annual rental income = $103,221 ($113,960 at increased rents)Estimated annual expenses = $30,907Estimated nett annual income = $72,314 ($8,2453 at increased rents)NO BODY CORPORATE FEESEstimated nett yield 4.38% (4.99% at increased rents)Ideal for Self Managed Super Fund or astute investor.
