Tucked away high up with National Park/State land to the rear, is this block of four traditional-style units. Options are open: keep one as a private weekender and let the others to pay the bills, continue to let all four on long-term letting for a solid return (approx $180-190 pw per unit) or redevelop – after all land in Arcadia is always highly sought-after and this is a large 1146m2 block.
Each unit offers spacious living areas with high ceilings and good cross-ventilation with louvre windows throughout. A shared laundry is located out by the pool.
The backdrop to the pool is National Park, and you’re just a few minutes walk to the ever popular Alma Bay and a number of shops and cafes.
Call to arrange a private inspection by prior appointment (due to required notice periods for tenants)
Property Code: 631