Property ID 15888
AS RARE AS HENS TEETH 4 X 2BR UNITSInvestment properties like this don't come along very often.
The block of 4 units has been in the same ownership since they were built in 1978 & constantly maintained. As an added bonus there is no strata so that means no fees and no bylaws to deal with.
Each unit is of double brick construction with 2 bedrooms with built in robes, separate tiled bathroom, open kitchen-meals and living room. For tenant comfort the units have air-cond and gas heating along with lock up garage and private rear yard.
The complex is currently returning approx $42,000 p/a with all rents being at a conservative rate and could be due for an increase in the immediate future which will only increase the return.
Council Rates: $3246.94
Land DetailsLand area 1023 m2