Ideally positioned in a quiet cul-de-sac this is a rare residential investment opportunity.

6 x Self Contained Furnished Flats with Kitchenette, Bathroom, Built in Robes, Ceiling Fans.
Coin operated laundry, large covered outdoor common area and low-maintenance garden.
Off-street parking suitable for 2 cars.

Solid holding rental income of close to $80,000 (approx – Gross p.a) achieving increases in high demand area just 2kms to CBD.

This is a perfect investment with scope for further improvements resulting in increased rental potential.

Well maintained in excellent location close to Unis, Hospitals, cafes, choice of transport including regular buses & ferry services. Desirable location for an easy walk to Kangaroo Point Cliffs, River and CityCycle stations.

Contact Agent to Inspect