Five, Two bedroom Flats, 1970's built, 1,012m² section
Fully leased at $57,000 per annum currently (increase approved for 20/10/2020 @ $63,700 per annum)
The current improvements comprise of five 1970's build two bedroom flats with onsite car parking
Four of the units are ground level with the other being upstairs.
Opportunity for add value investors and long term passive income. With further rental increases to bring current rentals into line with the current market.
The location is excellent. Walking distance to supermarkets, schools, city centre, cafes, restaurants and parks, gives security to the buyer
An extraordinary opportunity in the current environment to obtain a reasonable return on your investment.
For Sale by Tender (closes 12pm Thursday 22nd October 2020)
Five, Two bedroom Flats, 1970's built, 1,012m² section
Fully leased at $57,000 per annum currently (increase approved for 20/10/2020 @ $63,700 per annum)
The current improvements comprise of five 1970's build two bedroom flats with onsite car parking
Four of the units are ground level with the other being upstairs.
Opportunity for add value investors and long term passive income. With further rental increases to bring current rentals into line with the current market.
The location is excellent. Walking distance to supermarkets, schools, city centre, cafes, restaurants and parks, gives security to the buyer
An extraordinary opportunity in the current environment to obtain a reasonable return on your investment.
For Sale by Tender (closes 12pm Thursday 22nd October 2020)