Absolute outstanding and unique opportunity to purchase 5 x 2 bedroom and 1 x 3 bedroom single level villas all with carports on the one title on an enormous 1842m of lakefront land. Tightly held by the owner for over 30 years and you could be waiting just as long for another. All villas are currently leased with vast potential for improvement. Unit 3 and Unit 5 have been renovated, other Units in original condition.
Current rental income: $1,320 per week.
Outgoings: Council Rates $1,255 per quarter; Water Rates $1,490 per quarter; Insurance $2,297 per annum.
Call Jeff on 0439 022 321 or Shannan on 0402 595 803 for further information.