Do your own sums, but this centrally located property with 3 different tenants offers outstanding returns on your investment with a gross monthly income of over $2,600 & at only $435,000, offers a very strong 7.2% gross return with possible returns in excess of 11% should the new owner offer the residence as a serviced apartment at some time in the future.

3 good tenants in place all on a fixed term lease with gross income of $31,700pa.

The property comprises a 4 bedroom, 2 storey cottage with 2 bedroom downstairs, 2 loft style bedrooms, modern kitchen & bathroom while still enhancing the original period features, outdoor entertaining area, carport & garage.

There is an additional 2 shop fronts facing the street thus making up the 3 individual tenants.

Centrally located 3 blocks from the CBD in a high traffic flow area, this excellent investment opportunity can be inspected by contacting the sales team at O’Brien Bartlett First National on 6372 3000 or Geoff Bartlett on 0413 488 188.