This 1960′s block of 6 one-bedroom units is situated on a quiet street within 1km of Charlestown Square. Located on a leafy block, there is plenty of room for parking and space to expand.
The property features:
* Double brick and tile construction;
* Off-street parking for 5 cars;
* Currently returning $1,170.00 per week with potential to increase to $1,320.00;
* All on one title – potential to strata and sell individually (STCA);
* Ocean views from one unit;
* All units currently leased with most tenants in place for a number of years.
With a 6.9% return and possibility to add value, this property would make a great investment or addition to your superannuation portfolio.
For further information or an inspection, please contact either Neil Harper or David Lane on 4926 1400