This set of units have been well maintained and present well ready for sale.
Each unit has 2 bedrooms which are built in, good kitchens and open planned living areas. Each unit has a single carport.
There are also 2 store rooms for tenant storage.
Unit could be converted to a 3 bedroom unit without trouble.
The complex is on at 1846 sm block. Units are currently rented and returning approximately $660 per week with good long term tenants in place.
Good opportunity with few units this close to the CBD, schools and parks being offered for sale.
There is always demand for units such as these because they are at the lower end of the rental market but are clean,solid and comfortable.
|R&H Suburb Summary||Houses|
|Number of sales||174|
|Median Rental Price||$300 p.w.|
|Change in Rental Rate (5yr)||7 %|
|R&H Suburb Summary||Units|
|Number of sales||17|
|Median Rental Price||$220 p.w.|
|Change in Rental Rate (5yr)||10 %|