Tenanted and ready to go.
Currently achieveing $58,240.00 / Yr and managed by the owner but a rental appraisal has been completed and it could be achieving between $71,760 – $76,440 / Yr which is a Gross Yield of 7.43% – 7.92%…….. I dare you to find a better investment.

4 x Studio flats with private kitchens – shared bathroom and separate toilet.
1 x 1 bed flat with its own kitchen, bathroom and 2 car spaces.
1 x 2 bed flat with its own kitchen, bathroom and covered car space.

* Separate gas meters.
* All units re-wired separately and on separate safety switches.
* New roof (Aug 02)
* Insulation placed in roof (Oct 09).
* New sewerage (Dec 08).
* Exterior painted (April 07).
* Common Bathroom renovated (May 07).

This is not a joke but a real investment so don’t take your time to make a decision as it will be sold. Contact me on 0413 753 695 to arrange an inspection.