THE PROPERTY CONSISTS OF 3 UPGRADED UNITS CURRENTLY RETURNING $730 PER WEEK AND SHOWING A WHOPPING 10 % RETURN.
THERE IS ALSO EXTRA LAND AT THE BACK OF THE BLOCK WHICH WOULD SUIT UNIT DEVELOPMENT EITHER NOW OR IN THE FUTURE ( subject to council approval ).
THE PROPERTY IS BEING SOLD FULLY FURNISHED AND FULLY LEASED.
WHITEGOODS INCLUDING FRIDGES, WASHING MACHINES AND DRYERS ARE EITHER NEW OR STILL UNDER WARRANTY.
EACH UNIT HAS RECENTLY BEEN FITTED WITH REVERSE CYCLE AIR CONDITIONERS AND ALL HOT WATER SYSTEMS HAVE BEEN REPLACED.
SEPERATE ELECTRICITY METRES FOR EACH UNIT WITH UPGRADED ELECTRICS.
THIS IS A SIMPLE TO RUN INVESTMENT PROPERTY CATERING TO INTERNATIONAL STUDENTS. THE PROPERTY IS LOCATED BETWEEN THREE MAJOR CAMPUSES AND IS 5 MINUTES WALK TO A MAJOR SHOPPING CENTRE.
IT IS A PRIME INVESTMENT PROPERTY WITH ABOVE AVERAGE RENT RETURNS IN A PRIME RENTAL LOCATION.
CONTACT MARK FOR MORE INFORMATION
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