Opportunities like this are rare. An entire block of 6 units (3 x 2 bedroom 1 bathroom; 3 x 1 bedroom 1 bathroom) is for sale now. With a current income of $1,435 / Week ($74,620 / year) and in a central, inner-west location close to everything, this is one of the best investment opportunities on the market.
The owners have continually paid attention to maintenance and renovation over the years they have owned the property and all kitchens and bathrooms have had an upgrade. There are still possibilities for significant increases or you can refurbish/redevelop for an even greater investment return.
Features:
- 6 units (3x 2 bedroom, 1 bathroom & 3 x 1 bedroom, 1 bathroom)
- 6 Separate lock-up garages
- Currently returning $73,580.00 p/a – partially renovated
- Land size: 911m2
- Zoning: LMR
- Rates: $1188.38 per quarter
Contact Daniel Lee 0432 219 903.
Sustainabilty Declaration available from agent.