Over the past 12 months two of the units have been available with a 96% occupancy rate and gross return of $110,000.
Renovation of the remaining two studios is near completion.
Location, tranquility and ambience is what this property offers and what travelers have rated as a 4.9/5 experience. The property is a relaxing walk alongside the water's edge to coffee shops, restaurants, train and boat cruises.
Units 1 & 4 are three storey with bedroom and balcony on the top level, bathroom on second level and lounge, kitchen and entry on the first level.
Units 2 & 3 are one level studios with two rooms. Bathroom and open plan lounge, kitchenette and bedroom. All tastefully decorated.
- Gross return on previous 12months for 2 units $110,000
- Percentage occupancy on previous 12 months of 96%
- Council rates approx. $4,900pa
- Electricity approx. $9,000pa
- Water rates approx. $1,500pa
- Zoned Residential
- Land size approx 931sqm
- Town water and sewer serviced
Call Jenelle to discuss further or to organise inspection
Property ID: #L19575506
