Four units all on the one title on a low maintenance allotment of 562M2. Units 1,2 and3 consist of one bedroom and Unit 4 has two bedrooms all with carport car accommodation.
Unit 1- $215.00, Unit 2- $195.00, Unit 3- $195.00 and Unit 4- $210.00 weekly rent with a total of $42,900.00 yearly. There is a great opportunity to increase the yields with some updates to the units and carports. Herne Hill is a well respected suburb and continual growth is occurring because of the benefits of convenience in Manifold Heights and Geelong West. Nice returns are available for the savvy investor wanting something better than on offer in the Bank.
All information offered by G.J McDonald and Co. is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such G.J McDonald and Co. merely do no more than pass the information on. Use of such material is at your sole risk. G.J McDonald and Co. does not have any belief one way or the other as to whether the information is accurate and prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. G.J McDonald and Co. will not be liable for any loss resulting from any action or decision by you in reliance on the information from G.J McDonald and Co.