This is an outstanding opportunity to enter the booming Deniliquin Investment market, and hit the ground running with two blocks of four flats available, fully tenanted.
(Available individually or as one lot over 2183m2 of land).
Each lot offered individually comprises:
* Four established, brick two bedroom flats
* Reverse cycle heating/cooling to all
* Returning rents of $100-$105 per week with potential to increase over the coming months
* Common rear yard with watering system
* Excellent location – Always in rental demand being very close to Schooling, Clubs and CBD
* Electric kitchens and appliances in good condition
* Single free standing carport to each flat
* Deniliquin Council Rates approximately $3,200 per lot/annum
* Returning 8% Gross, with potential to improve with rent increases over the coming months.
* Two of four hot water services renewed
* 280 and 284 (see separate advertisement) Henry Street are also offered as one lot, at $530,000 with a total of 2,183m2 of land