This block of units must be sold, so the price is below valuation.
Situated a short drive from Innisfail centre, this block of units is a sound investment. Past rental history shows extraordinary low vacancy rates because the property is in very good condition and located in an area that is desirable to live in. All the other properties in the cul-de-sac are houses of which most are owner occupied. The tenants look after the property and most are long term residents. The property is fully tenanted and has a good yield.
Variuos amenities nearby include a service station, bakery, Post Office and sports grounds.
New carpets and split system air conditioners have recently been added to each bedroom so for the investor who does the numbers will see there is good depreciation. With both external and intenal walls recently painted, new side fences, and kitchens and bathrooms in good condition there is little maintenance to do.
Good rental yeild!
What more could you ask for?
Phone Mark Rapson NOW on 0413 958 100 or (07) 3396 5722.