It’s not very often we are given the opportunity to market such a unique property with as much potential for capital gain as this one. Being located in a quiet street in Algester only a few minutes walk to the local shopping centre, city bus and Algester Primary School makes it a very appealing address for those looking for ultimate convenience.
The property consists of three townhouses on one title with a combined rental income of $860 p/w and a separate building consisting of a large storage area with double garage doors and office accommodation, which could possibly be let separately to generate additional rental income. For those wishing to live on site the rental income derived from the other two townhouses and the storage shed would largely offset the buyers loan repayments, but still result in a capital loss providing the buyer with a substantial tax deduction.
With property values continuing to rise an investment in this property may be well rewarded in the coming years.
A copy of the Sustainability Declaration Form’ is available in our office.