Great opportunity for SMSF or private investor. One title. Three two bedroom units with Single Garage each and independent yard as well as lock up storage. Secure location with the Bus Stop just out the front.
New leases to current tenants in units 1 and 3 at $260 per week certainly not over the top. Unit 2 left vacant from start if June for ease of inspection. Units 1 and 3 have new bathrooms and kitchens have been renovated. Recommend bathroom in unit two could have the same , ideal now while vacant. Gross $40,000 per year income stream easily in place, in secure median price rental investment.
Separate water meters with the one title make them good buying with the option to the new purchaser to strata title if they wish to allow liquidity or some flexibility when the time comes to sell again.
Just off Yarrawonga Rd, walk to High School , Galen or the Barr Reserve precinct. Walk tracks on the creek at the end of the street and easy side street car access. Not common, so investors take note, if you are ready, take the opportunity now while it's available.
Property ID: #LWR23392
