Absolute blue chip investment here with this block of 8 units located in a prime residential location making impressive returns.

The property is currently configured as 6 one bedroom units plus a house divided into two by two bedroom houses, one on fixed tenancy and the other as a spectacular short term/ holiday fully furnished unit known as ‘The Wet Lizard’.

All properties are airconditioned and have been very well maintained plus have undercover parking with the 2287sqm corner block offering fabulous access plus great privacy for all tenants. A testament to the quality and stable nature of the tenancies is the fact the current seven tenancies are averaging out at an unbelievable length of well over 9 years!

Income for the last 12 months gives this one a fabulous gross return of well over 10.7% and is a must see for any serious investor!! Call today.

Block size 2287sqm