Here is a unique opportunity for the astute investor. Realistically priced at $795,000 this block of three units is Strata Titled and the three units compose of
1 X 3 bedrooms renting for $325.00 per week
1 X 2 bedrooms renting for $280.00 per week
1 X 2 bedrooms renting for $275.00 per week
Totalling $880.00 per week X 52 = $45,760 per year
This represents a return of 5.7% on full list price.
Positive gearing is not far off. Here is a fantastic return for not a large outlay. The units are 100 metres away from an excellent shopping centre and direct transport into the city. All units are currently leased and each unit as an allocated secure single garage. For more information on lease periods and body corporate please contact listing agent.
Alternatively the units will be Open for inspection on Saturday’s from 10 O’clock to 10.45
A copy of the sustainability declaration is available from the agent