A genuine opportunity to purchase a great investment. This extremely affordable block of 4 x 2 bedroom units generating $59,800 per annum in income plus a separate vacant allotment gives scope for value adding.

805 sq metre allotment with 4 x 2 bedroom units
805 sq metre titled block
THE DETAILS:

Unit 1 - $320 per week lease expiring 23/5/2025 Refurbished
Unit 2 - $320 per week lease expiring 8/8/2025 Refurbished
Unit 3 - $280 per week periodic lease
Unit 4 - $280 per week periodic lease
Total rent of $1,200 per week ($62,400 per annum)

Vacant allotment with scope for building either one dwelling for owner occupation or multiple dwellings for rental income (all subject to council approval).

Contact Andrew Pearce on 0419 544 251 for an inspection