Second chance! The last offer has fallen through giving the next buyer an opportunity to secure this property.

First of all, lets look at what income we could generate once 3 of the 4 Units have been leased again following a quick refresh. Assuming the remaining 3 Units achieve a similar income to Unit 1 which is currently leased at $240 per week, there is almost $1000 per week to be generated from all 4 Units.

Secondly, let’s go down the path of surveying the lot & individually titling the Units into 4 separate lots. Ask yourself what each Unit would sell for once they have their own separate title.

Would this be a good option to purchase in a super fund and drive that rental income stream into the fund for better returns? Could I buy this with four Family members and have 1 unit each? It’s your thoughts & your actions that could make this a profitable prospect.

On offer here is;
* Four separate brick & tile units on one title
* 1052 Square metre, R40/80 zoned land
* Units 1, 2 & 3 featuring 2 bedrooms & 1 bathroom
* Unit 4 features 3 bedrooms & 1 bathroom
* All unit featuring separate store rooms & undercover parking bay
* Easy access to transport, major routes & shopping precincts

When businesses along Great Eastern Highway commercial strip expand & need more room to grow, the first spot they head to is the neighboring properties that adjoin their lots. It may or may not happen here but it has happened in that past so whichever scenario you choose, there are a number of different ways you can benefit. The ingredient missing in the mix is a motivated buyer with a bit of vision- the rest is already in place.

For more information or your own private viewing contact Wayne Bacich from LJ Hooker Midland today!