136 Retreat Road SPRING GULLY VIC

A genuine opportunity to purchase a great investment high return, three long-term tenants and an established, well looked after property with good space in a really good Spring Gully location. THE DETAILS: Unit 1 – $225pw Tenancy: 3 years. Three bedrooms, two have robes. Separate lounge and meals space, kitchen upright cooker, fairly new carpet, Split System A/C, bathroom with shower, bath and vanity, double carport next to entry and a separate brick shed with concrete floor and power. Unit 2 – $180pw Tenancy: 10 years Two bedrooms with robes, lounge/meals with gas wall furnace, kitchen with upright cooker, bathroom with shower and vanity; and a double carport detached Unit 3 – $180pw Tenancy: 23 years Two bedrooms with robes, lounge/meals with gas wall furnace, kitchen with upright cooker, bathroom with shower and vanity; and a double carport detached. AGENTS NOTES: Plenty of scope to update and improve the units and increase return, or just sit back and let the property do its thing with its close to positive cash-flow return.