An excellent investment opportunity exists to buy a block of three apartments in a prime location. First time being offered for sale in 31 years, this complex will not last long. All three apartments are currently tenanted earning you an instant return. The opportunity to live in one and rent the other two is also an attractive option. Each apartment as follows:
5a
* Front of the complex position
* Three bedrooms with built-ins, master with ensuite
* Two bathrooms
* Open plan living area with floating timber floors, updated gas kitchen with dishwasher
* Internal New York style laundry
* Large balcony with access from both living and master bedroom
* Plenty of storage throughout
* Single garage
* Current lease until 12/07/17 with a weekly rental of $780
5b
* Three bedrooms, all with built-ins
* Large bathroom with separate toilet
* Open plan living area with floating timber floors, kitchen with dishwasher
* Internal laundry
* Plenty of storage throughout
* Rear paved enclosed yard with bar
* Single garage
* Current lease until 04/08/17 with a weekly rental of $740
5c
* Quiet rear of the block location
* Two bedrooms, main with walk-in robe
* Bathroom with internal laundry facilities
* Eat-in kitchen with pantry
* Single garage
* Current lease until 26/09/17 with a weekly rental of $570
Total weekly return of $2090 per week
Council: approx $782.23 p/q
Water: approx $168.38 p/q
Land Size: approx 571 sqm
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.