An opportunity exists for those looking to enter into the investment market,
Block of 3 x one bedroom flats with a return of approximately 8.9% p/a net,
Each flat has been partially renovated with a new kitchen, new floor coverings in the living area and freshly painted throughout,
All the flats have combined kitchen/living area with a spacious bedroom. Flats 1 & 2 have a combined bathroom/laundry and flat 3 a separate laundry,
Flat 1 stands alone and offers a single carport,
Flats 2 & 3 are attached with a double carport,
Situated on a flat block of 505.9m2 at the end of Tumbarumba’s main street, allowing easy access to all amenities,
Zoning is 3(a) business “A” (general),
Each flat is currently tenanted at $100.00 per week.