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  • 3 Gisborne Lane, WELLINGTON, NSW 2820

3 Gisborne Lane, Wellington, NSW 2820

  • 6 Bed
  • 4 Bath

Sold

Sold Prior To Auction

Multiple income stream

Here is an opportunity to purchase in a low traffic flow location a block of four single storey units. There are 2 x 1 bedrooms and 2 x 2 bedrooms, each with their own courtyard. All units are occupied showing a return of over $625.00 per week and in the event that one or two ever become vacant, you will still have a return which is a real plus. In fact we've even have one tenant in place since circa 2011. There is potential for the next owner to modernise further that should maximise returns however, currently each unit has split system air conditioners, floating timber floors, functional kitchens, sizeable bathrooms, built in wardrobes in the 2 bedrooms plus combined lounge/dining rooms. Call Gary Francis on 0428 459 830 or use the contact agent link on the website for further information. * Images reflect properties at the time when the photos were taken or in some cases at an earlier point to accommodate the privacy of the tenant or owner. Seasonal changes & maintenance can affect the current presentation and prospective purchasers are urged to use them as a guide only.

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avatar Gary Francis
Gary Francis
Sales Manager

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Property Info:
  • Property ID: L17186951
  • Property Type:Flat
  • Land Area:955 sqm

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R&H Suburb Profile: Wellington
R&H Suburb SummaryHouses
Number of sales105
Average Price$316,443
Median Price$290,000
Median Rental Price$350 p.w.
Change in Rental Rate (5yr)40 %
Median Trend - $290,000

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