Add this block of 6 x 2 bdrm units on the 1 title to your investment portfolio.
Located in a quiet residential area very close to public transport. All 6 of the units are ground floor with established trees and grassed areas. Excellent long-term tenants that would love to stay on. Units are all in varying condition internally, from original to fully renovated. All Brick construction. Each unit comes complete with own carport. Shared external Laundry.
Makes for a very Solid investment at $990,000
- Unit 1 is currently on a month to month rental basis @ $185 per week
- Unit 2 is currently on a month to month rental basis @ $200 per week
- Unit 3 is currently on a month to month rental basis @ $165 per week
- Unit 4 is currently on a month to month rental basis @ $185 per week
- Unit 5 is currently on a month to month rental basis @ $165 per week
- Unit 6 has currently just undergone a full renovation and is being used as a display unit, to allow for prospective purchasers to get a feel of the size of the units and has a rental appraisal of $250 per week. Unimproved Land Value is $333,000, Council Rates $5,476 per Annum. Allowing for outgoings etc this sound investment is returning around approximately 4.3% net.

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