Returning $990 per week
Set on an approximately 809 sqm block in Hermit Park, this block of 4 flats offers the opportunity of strong capital growth in the future and solid rental returns in the meantime. The units are in fair condition but the new owner could renovate and reap substantial rewards.
FLAT 1: Upstairs
* 3 bedrooms
* Combined lounge/dining room
* Laminex kitchen with gas stove
* Roman shower/bath and laundry at rear
* Vinyl flooring
* Carport at rear
FLAT 2: Upstairs
* 3 bedrooms
* Large lounge and dining room
* Old style timber frame kitchen with gas stove
* Roman shower/bath and laundry at rear
* Vinyl flooring
* Carport at rear
FLAT 3: Downstairs
* 3 bedrooms
* Combined lounge/dining room
* Old style timber frame kitchen with gas stove
* Roman shower/bath and laundry at rear
* Vinyl flooring
* Carport at rear
FLAT 4: Downstairs
* 3bedrooms
* Large lounge and dining room
* Kitchen with gas stove
* Roman shower/bath and laundry at rear
* Vinyl flooring
* Carport at rear
Gross rental return on the entire property is in excess of $50,000 per annum.
Lease details and floor plans are available on request.