A clever property choice this set of three flats in the heart of Newtown are a sensible investment. Showing returns at nearly 7.00% just leave them as they are or renovate and reap even higher returns.

All three flats are tenanted with leases in place and a current combined return of $480 per week. One unit has been freshened up with new carpet and paint with the other two in an older condition.

Set on a corner 678m2 allotment just a short walk to all Newtown amenities it is easy to see why this property has good history and strong returns. A good one to add to your rental portfolio.