This property consists of many flats in a torrent title and returning $1,420/week.
Return-
1A Storage and Garage
1B – $260/week (Bond $1040)
1C – $250/week (Bond $1000)
2A – $170/week (Bond $680)
2B – $240/week (Bond $960)
2C – $260/week (Bond $1040)
2D – $240/week (Bond $960)
Over 7% Annual Rental Return (potentially increase to 8% if improving 1A).
Its a solid concrete building made in 1960s, with double brick wall and triple floors.
Close to local transport with a nearby bus stop, also easy walk to schools, shops, and local parks
Good backyard with apple, orange, guava trees plus many more.
Land size: 620 square meter approx.
Inspection by appointment