An extraordinary opportunity exists for the canny investor looking for a solid investment with an established long term tenant. This C1900 double brick terrace consists of 8 single bedroom flats, each flat has its own bedroom, kitchen, living area and bathroom. The 4 upstairs flats share 2 laundry areas. Situated on a double block of 1688sqm approx the location is very central with the Valley Plaza shopping centre and Woolworth’s supermarket just up the road. The whole building is leased by the local housing authority with a new 12 month just signed. Gross annual rent for the last year was over $62,500.
Inspections are strictly by appointment with 48hrs notice required. Inspections are not available on Sundays.