Block of 3 units under the one title. Retain as is or strata title. Presents endless possibilities. All currently tenanted with long term tenants, all wanting to stay. All tenants are on a month to month, therefore easy to renovate if required.
1×2 bedroom, 2×1 bedroom. Each have their own courtyard, carport, lock ups, separate bedroom, kitchen, bathroom/laundry & separate toilet.Electric stoves, heating and hot water service. Tenants have transport at their fingertips and main shopping centre close by.It is a rare opportunity to purchase a fantastic manageable investment.
No body corporate fees for the landlord, a saving of approx. $3,000 per annum. Current annual rental return $31,720. Unit 1 $210/week, unit 2 $200/week, unit 3 $200/week. The 2 bedroom has scope to increase to $250/week.
All units are also due for rental increases.