Currently returning approx $18,000 per annum the forecast certainly is good and with 2 good tenants in place this investment works out at approximately 6.1%. This is an opportunity for you as the current owner is looking to pursue other projects and needs to free up some capital so if you’re looking to expand your portfolio or move into the investment market I urge you to come and take a look. The building is separated into 2 units and is in a fair condition but could do with some work.
Unit 1 features 3 bedrooms, 1 bathroom, external laundry and toilet and single car space.
Unit 2 features 3 Bedrooms, 1 bathroom, external laundry and toilet.
Set in a great location with a short walk to town and schools it is popular with tenants and is generally vacant for short periods only. For more details or to make an appointment to view please contact me. *Please note as this is a tenanted property we require at 24hrs notice to view, thanking you in advance.