* Investment meeting the high end market
* Affordable rental in convenient location
* Potential for capital improvementLocated close to shops, schools, hospital and parks, this block of flats meets the high end rental market looking for affordable living. Potential for capital improvement for the handyman landlord and potential for increased returns.Located on 1998 square metres of land with rear access off Duffy Street, potential to add additional improvement/development and to upgrade the existing structures makes this investment one to consider seriously.With 6 x 2 bedroom and 2 x 1 bedroom flats, the potential rental of $48,100 pa reflecting 10.0% gross returnUpgrades already completed include, Electrical and Plumbing, smoke alarms and electrical safety switches, new stoves to 2 units, and some new painting and floors to another. The flooring throughout is timber and lends itself to polished flooring down the track.Contact the agent for more details of return and expenses by e-mail leah.james@elders.com.auSustainability Declaration available at the Elders Aitkenvale Office.