Introducing a lucrative investment opportunity that is set to catch the eye of savvy investors and developers seeking a foothold in the thriving heart of Wagga Wagga. This impressive block of units (on two titles) presents an exceptional chance to acquire a substantial portfolio asset with a substantial and stable income stream.
31 Lampe Avenue offers units 1-4, with 33 Lampe Avenue comprising of units 5-7. Each residence offers a well-thought-out layout featuring a separate bathroom and dedicated laundry space. The bedrooms are well-appointed with built-in robes, ensuring ample storage and convenience for occupants. Residents can enjoy the private outdoor courtyard, a welcome addition to each unit, providing a tranquil space to relax.
Inside, the combined lounge and dining areas are spacious and welcoming, flowing seamlessly into the kitchen equipped with electric stoves. Comfort is a priority throughout the year, with reverse cycle heating and cooling ensuring a pleasant environment regardless of the season.
With a current annual rental income of $106,340 and potential for growth, this is a remarkable prospect for those looking to expand their portfolio with a solid income-producing asset. Each unit has its own parking space, adding further appeal to tenants and ensuring convenience.
Ideal for investors who recognise the potential of refurbishments or developers looking to capitalise on a prime location, this block of units is an opportunity not to be missed. Secure your future in real estate with this promising investment in one of Wagga Wagga's most desirable locales.
* 31-33 Lampe Avenue can be purchased as a whole or separately.
* Full Information Memorandum available upon request.
* Expressions of Interest
Rates: $13,573.09 p.a.
Land: 1,676.6 sqm
