INSPECT: By appointment
AUCTION: On site Saturday 10th of May 2013 at 4:00pm
CONTACT: Joe Murania 0416 044 267
Seize the opportunity and add to your portfolio this undercapitalized solid block of 10 over-sized apartments, fully leased and showing strong returns at approximately $170,000p.a. with plenty of room for improvement.
All apartments feature on-site parking, some with private entrances and balconies and communal laundry facilities. Proudly positioned on over 1000sqm of land within easy walking distance (approx 400m) to train station, shops and all amenities ensuring a very low vacancy rate, great return and excellent capital growth in the future.
Further potential also exists to renovate or Strata subdivision (STCA).
Either way you simply can’t go wrong with this solid residential investment. Motivated vendor, must be sold!