Situated within a very short walk from the centre of Wingham this block of four self contained units presents an excellent chance for an investor to secure a property that enjoys an excellent tenancy rate due to its close proximity to shops, schools, supermarket, clubs etc.
Offered as a total package this block of four units consists of 2 x two bedrooms units and 2 x 1 bedrooms units. Each unit is self contained with the only exception being a common laundry and clothesline toward the rear.
Each unit enjoys hardwood floorboards throughout and built in robes to most bedrooms which are all generous in size.
Currently returning $565 per week in income this property provides an 8.6% gross return per annum based on the asking price. With a return like this, your money will be working for you at better then bank interest, hesitate and it will be gone.