Get in quick to secure this profitable investment opportunity where all units are on their own individual title, but are being sold as one complex by request of the seller! All of the hard work & expense has already been if you were wanting to sell individually, or alternatively, you could keep as one owner & not be concerned with body corporate obligations.
This 6 unit complex ticks all of the boxes:
- Lowset
- Solid Block Brick
- Centrally Located – walk to CBD
- Quiet Street, Ocean Breezes
- Long Term reliable tenants
The complex consists of four x 2 bedroom units & two x 1 bedroom units, with block brick walls for both noise & temperature insulation. All units are tiled for easy maintenance & include a single bay car accommodation, yet wide street parking is also available. Each unit contains a modernized L-shaped kitchen which is a fantastic size for a unit. All doors are fitted with security screens for additional security & constant breezes from the beach which is a few short blocks away. At the rear of each unit is a separate tiled bathroom & laundry area with backdoor external access to a small courtyard. Located a few blocks from the City & the Beach, tenants can walk to work each day, then relax at the beach each afternoon! Perfectly positioned in a quiet street, these generously sized units with stable tenants in place, fetching good returns, are an ideal investment to fetch six streams of revenue, or sell off individually! Book an inspection quickly to purchase a fantastic investment in such a strong market!
Disclaimer: The vendors and/or their agents do not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled. Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the particulars.
Property Type | Block of Units |
Land | 1129 sqm |
Estimated rent | $320-$385 Per Week (x6 Units) |
Council rates | $20,115.96 per annum |
Water rates | $1,200 per annum |