This property is currently earning $460.00 per week as rental income. Divided into 4 units this older style property is located in a convenient position just minutes from the CBD.
The 4 units comprise
* Unit 1 – $110.00 per week – 1 bedroom,
* Unit 2 – $120.00 per week – 2 bedroom,
* Unit 3 – $120.00 per week – 1 bedroom,
* Unit 4 – $110.00 per week – 1 bedroom,
All units feature kitchens with eat in dining, lounge rooms & a shared laundry
The land size is 2017 sq m which may attract development potential subject to council permission
28 Addison Street is certainly worthy of serious consideration if you are looking for an investment with the added bonus of the large land size.