Take the time to think about this great opportunity!

5 bedsit units sitting on a great 934.6sqm block returning close to 10% gross…and there’s still room to improve this property and receive even greater returns!

There’s plenty of room to value-add: maybe a garage or carport on each, maybe just a little modernising, maybe an extension (there’s certainly room to play!).

Or just sit back and reap the current return and do nothing:

- Currently returning $650/wk in rent.
- Very good condition (originally built by the Govt.)
- Total rates: $5,260/p.a.
- Zoning: 2 (A) Residential

The units are located high is West Kempsey opposite the Catholic High School, just around the corner from the local General Store, Bowling Club and Hospital and, best of all they are located directly on the local daily bus route…in less than 3 minutes one can be parked in the middle of town!

With the high demand for local rental properties this line of 5 units presents a great easy-care option for solid returns…if one tenant moves out, there’s always another moving in.

(Indeed the owners are selling the adjacent block of 3 units as well…so think about that opportunity also!)

Call us anytime/any day to arrange your inspection!