This is a unique opportunity be your own boss and have an income from the 5 units which are low maintenance. Most of the units have been renovated to ensure longevity whilst the 2 left are currently tenanted however you could give them a little attention to maintain a higher rent.
All units are 2 bedrooms with a separate laundry. A good size bathroom and separate toilet finish off the main amenities. They have carparking at the front and are in a great location for all your requirements. This block of units is a quiet and has long term tenants in most of them.
If you are looking for a great return on your investment this is one not to be missed.
Council rates per quarter – $1,490.00
Water rates per quarter – Approx. $500.00
No STRATA fees
Potential weekly rental income of $1,400.00 combined.