A rare offering to acquire this Torrens Title block of seven apartments. Offering an excellent investment opportunity. This property holds a strong and immediate income stream with a great long term capital growth potential.
- Five 2 bedroom apartments
- A single bedroom apartment on the lower level
- One studio apartment at the rear with a private courtyard
- Spanning over two levels of solid construction
- Potential annual rental return of approximately $111,800
- All residences currently leased to long term tenants
- Well maintained complex with internal access stairway
- Site area spans over approximately 797sqm
- Located in a quiet street yet close to all conveniences
- Close proximity to shops, schools and public transport
- Designated undercover parking at rear, ample street parking