This property is worthy of consideration for the property investor. Currently showing in excess of 8.5% net return on the asking price. Alternatively, live in the residence & receive the income from the 3 units.
The single title complex comprises
1 x 3 BR detached freshly renovated brick residence with open living plan & 2 bathrooms. Rented at $250 per week
2 x 2 BR BV air conditioned units currently rented at $375 (for both units) per week (long term tenants)
1 x 1 BR solid brick air conditioned unit currently rented at $160 per week
single car covered accommodation for each unit.
The vendor is motivated to sell, offers will be considered.
Property Code: 410