Calling all active investors looking for steady returns and the forward planners who know the true value of land in Woodville
Welcome to the fully-tenanted townhouse complex on a single Title, making it a solid investment today and a prime candidate for Community/ Torrens Title conversion or even subdivision tomorrow STCC.
An ideal buy and hold' that could really supercharge your self-managed super.
Built in 1983, each townhouse offers 2 bedrooms, 1.5 bathrooms, a first-floor balcony, private rear courtyard & lock-up carport.
What a find: four income-generating gems, surrounded by million-dollar homes, metres to transport and the 24/7 convenience of Woodville and Port roads.
Turn left to board city-bound trains, right for Port Road buses and dogleg delightfully through tree-lined streets to dine at cool eateries or bag a book from the library. And with the Queen Elizabeth Hospital, Woodville Primary, Woodville High School, St Clair Recreation Centre, Precious Cargo childcare and Woodville District Table Tennis Club all just an easy walk away, this leafy Woodville pocket puts it all in your stride.
For an investment opportunity with legs, walk this way.
Reasons to invest:
Positive cash flow, returning around $60,000 per annum
100% occupancy with long-term tenants on periodic leases
All on one Title, absolutely NO body corporate fees
Perfect for a seperate Community/ Torrens Title conversion STCC
Potential to convert into a community or for individual sale later on STCC
Valuable 888sqm corner site with future subdivision potential STCC
Prime leafy location moments to transport & amenities
Close to Arndale shops & cinemas
Within easy reach of both the city & sea
*We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified.*
