This block of 2 x 2 bedroom and 1 x 3 bedroom villas is approx. 9 years old (although the front unit is the original 45 year old house that has been renovated). They are less than 400 metres from the waterfront and 600 metres from the shopping centre, with a regular bus service at the door. The units return over $37,000pa (gross)and are capable of returning more with minimal work.
This would make an ideal addition to your self-managed superannuation fund or investment portfolio.