* To be sold in one line -
* 8 x 2 bedroom units
* Under cover parking
* Set in a quiet street
* Walk to shops & station location
* Excellent Potential
* Approx 885 sqm
* 2 units are currently vacant and have been renovated
* Current Rent Return $77,440 per annum
* Potential Rent Return: $104,947.88 (approx)
* Land Tax $1,652.00 per annum
* Council Rate $3,104.00 per annum
* Water Rates $7,428.00 per annum
* Electricity $326.00 per annum
Unit 1) $185pw to increase to $225.00pw on 9/10/2010
Unit 2) $260pw
Unit 3) Vacant
Unit 4) $220pw to increase to $260.00pw on 08/10/2010
Unit 5) $320pw
Unit 6) $270pw
Unit 7) Vacant
Unit 8) $240pw to increase to $250pw on 17/9/2010
Units 3,5,7 have recently been fully renovated and include internal laundries as part of the bathroom. (All figures are approximates)