Here is what do you get.
Air conditioned bedsitters situated in a leafy position and close to clubs and 750 metres to a general store and approx. 1.5km to the CBD.
Rental is currently at 4 leased returning approximately $400 per week. The 5th unit is currently being renovated and once finished will have the potential to increase the weekly return to $500pw.
3 have updated kitchens, upgraded bathrooms while the other 2 have the potential for similar upgrades.
Please note that as these are 5 bed sitters, you lender may look at them as a commercial purchase where differing lending criteria is applied. Check with your lender prior.
Now is the time to secure this property especially with interest rates at historic lows.
* Images reflect properties at the time when the photos were taken or in some cases at an earlier point. Seasonal changes and maintenance can affect the current presentation and prospective purchasers are urged to use them as a guide only. Vacancy rates can and do change with market conditions.