Representatives of the Estate have provided written instructions to Sell!
Positioned within 4km of the CBD the block of 5 Flats is fully tenanted and returns $63,180/annum. The property features:
• Corner 804m2 parcel of land zoned LMR2
• 2 x 1 Bedroom plus 3 x 2 Bedroom configuration
• 5 vehicle carport accommodation plus a leased storage shed
• Fully tenanted returning $63,180/annum
• Opportunity to refurbish to increase rental returns
• OPPORTUNITY TO DEMOLISH AND BUILD NEW UNITS OR TOWNHOUSES
• Ideal for the Developer or the astute Investor!
Full Tenancy details and Outgoings are available upon request
City bound rail is literally 300 metres away and the new Lutwyche Shopping Village and Albion Restaurant Precinct are within easy reach. Investment and Development opportunities this close to the CBD are scarce, yet here it is for the taking!
MAKE NO MISTAKE THIS PROPERTY MUST BE SOLD TO FINALISE THE ESTATE!!
