Phone enquiry code for this property : 2464
Dual key studio unit with 2 long term tenants in place, earning around $600.00 per week. This is a return of over 8%. This unit is positively geared & will return a profit after repayments.
Two units under one title meaning only one lot of rates & body corp, but with two separate tenants. There is underground parking in the building available at cost. The unit is located on Wickham terrace & has a fantastic view over the Roma Street gardens. The free Spring Hill, City loop bus stops at the front door.
We have had this unit for some years & have been extremely happy with the returns, but we are now selling to move into allocated pension on advice from our accountant, due to our age. It is currently managed by on site management. The unit is on the North West corner of the building, with fantastic views. It is on the 1st floor. The dual key on the 4th floor, (404) has already sold, leaving only 104 left available.
Dual key units are becoming very rare & we expect it to go fairly quickly.
Phone enquiry code for this property : 2464