What a rare opportunity to purchase a block of investment units which has 2 street access, 1488 sq.m block & a 520sq.m appx empty section of the block facing Stanton Street which has huge potential for future development (STCA). Centrally located within walking distance to the CBD, supermarket & School. Each unit has 2 bedrooms, 1 bathroom & 1 carport. All the units are neat, tidy and have been well maintained. Each unit offers open plan living, 2 bedrooms with robes, courtyard & great tenancy history. A current rental return of $38,636 (gross) = 7.5% returns. With increases to bring each unit up inline with current market rent, the returns would be $41,600 gross ($200 p/w for each unit) =8.08% returns. With the potential to build more units at the rear or sub-divide a block off, invest in your future today! Call or email for a copy of the Sect 32 & IM.
