A rare opportunity with endless options, this unique property sits on a generous allotment of 893sqm (approx.).
The property includes four, two bedrooms units, nestled in the heart of Rye, this property is just moments away from pristine beaches and vibrant local attractions. Enjoy the convenience of nearby shopping precincts, gourmet dining options, and recreational facilities that cater to all ages. Rye Primary School and other reputable educational institutions are within easy reach, making it the perfect choice for savvy investors.
Unit 1,2,3 & 4 three are permanently rented at a yearly amount of $86,748 approx. an amazing return.
Unit 1 $2080 per calendar month or $24,960 per year approx.
Unit 2 $1738 per calendar month or $20,856 per year approx.
Unit 3 $1673 per calendar month or $20,076 per year approx.
Unit 4 $1738 per calendar month or $20,856 per year approx.
Each of the four units enjoys two generous bedrooms, open plan living and dining, fully equipped kitchens and bathroom with laundry facilities. Renovate as desired or redevelop (STCA), the options are endless.
Situated within walking distance of shops, schools and crystal blue waters, this is an ideal location with a fantastic return for astute investor.
