Could this be your opportunity! On offer here is a very stable unit block comprising 3 × 2 bedroom units in a fantastic location. The units are not under a strata scheme so the block must be sold in one line. The land has favourable zoning for potential further development STCA. This is a rare offering focusing on immediate investment return.
• Each unit has 2 bedrooms, combined Kitchen & Dining, single Bathroom
• The block has shared Laundry facilities & single C/port space per unit
• Location is close to Woy Woy CBD, Rail & Waterfronts
• Easy access to wider Peninsula attractions & Woy Woy road.
• Currently all units are rented to long term tenants.
• Positioning should ensure ongoing tenancy market interest
• Gross annual return is currently $40,560.00 pa, $260pwk per unit
• Inspection available during Open Homes
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
|R&H Suburb Summary||Houses|
|Number of sales||118|
|Median Rental Price||$430 p.w.|
|Change in Rental Rate (5yr)||10 %|
|R&H Suburb Summary||Units|
|Number of sales||72|
|Median Rental Price||$390 p.w.|
|Change in Rental Rate (5yr)||8 %|