A fantastic three-tier investment option with loads of upside. Consisting of three two-bedroom properties with solid returns and historically low vacancy.
All Units – 1,2&3 include:
• Kitchen with gas oven & cooktop with generous bench & cupboard space
• Built-in robes to one bedroom, queen sized master
• Gas heating, reverse cycle air conditioning
• Main bathroom with shower, toilet, and vanity
• Open plan living
• Single carport
• Shared courtyard with clotheslines
Unit 1 – Original condition
Unit 2 – Original condition
Unit 3 – Fully renovated, new kitchen, updated bathroom, paintwork, flooring & curtains
Additional features – Electric hotwater, private garden area
Unit 1 – $180 per week
Unit 2 – $190 per week
Unit 3 – $250 per week (Currently for lease)
Potential yearly income of $32,240, Gross return of 6.7% at asking price.
Rates – $3,674.97p.a
Land – 778 sqm
Currently on one title, NO strata.
Moments to Turvey Park shopping, primary & secondary schooling and bus routes.
Income and expenses can be provided upon request.