Presenting an outstanding apartment investment property; centred in the high demand rental precinct of Paddington and Red Hill. Marc Lodge’ offers four large apartments currently attracting a healthy gross rental return in a manageable, low maintenance and looked after property. A serious proposition for a self managed super fund portfolio or investors, there is no time to waste as the retiring owner has decided the time to sell is now and offers the property for auction.

* Four apartments; two x 2 bedrooms, two x 1 bedroom, four x 1 car space
* Dual level, brick construction with ground level allocated garage parking
* Similar interior configurations, each with open plan kitchen, living and dining
* Air conditioned main living area and well proportioned airy bedroom/s
* Fully tiled interiors, well presented kitchens, bathrooms with laundry facilities
* Good sized property offering 678sqm with concrete driveways and garden
* Showing a gross return of $1,280 per week with potential to improve
* Walk to cafs, restaurants, shops and just under four kilometres to the City

Auction: Tuesday 30 April, 2013, 6:30pm Iceworks, Level 1, 157 Given Terrace, Paddington

Inspections welcome by appointment – Please contact George Hadgelias 0403 062 062