A rare opportunity to secure a multi residential investment property with a current return of $36,400 per year with long term tenants that are prepared to stay. Yield could be improved with some upgrades, a great investment with upside.
- Block of flats returning $700 a week
- Unit One, One bedroom with front porch, good storage
- Unit Two, Two bedroom with separate living and dining
- Unit Three, Bedsitter with shared wc
- Unit Four, Freestanding One bedroom
- 843m2 block just 3.5 blocks from the heart of Mudgee CBD
- Excellent occupancy rate, sound residential investment
- One water meter (owner pays), Individually power metered
- Communal laundry, shared carport and yard
- Potential to add value, Yield could be improved with some upgrades