* This block of flats in the CBD is simply one of a kind, but there's no denying they need plenty of work!
* Well known locally, adjacent Police Station & opposite pool, comprising 4 x 2brm & 1 x Bedsitter flats.
* Unlimited potential to improve its budget rental status - Has long rental history with sound occupancy.
* Fully occupied, currently returning $35,620pa gross pa ($685pw income) with all leases now expired.
* Completely level & sealed approx. 682.9sqm's with basic carports & shared laundry-composite construction.
* Single title, B4 Mixed Use allows commercial / residential redevelopment, subject to council approval.
* Builders, investor & developers, here's your chance - Price reflects condition & owner is ready to sell!
