Kitchen
Beds
A genuine opportunity to purchase a great investment. This extremely affordable block of 4 x 2 bedroom units generating $59,800 per annum in income plus a separate vacant allotment gives scope for value adding.
805 sq metre allotment with 4 x 2 bedroom units
805 sq metre titled block
THE DETAILS:
Unit 1 - $320 per week lease expiring May 23, 2025 ? Recently refurbished
Unit 2 - Anticipated Rent - $320 per week periodic lease ? Recently refurbished
Unit 3 - $280 per week periodic lease
Unit 4 - $280 per week periodic lease
Total rent of $1,170 per week ($60,840 per annum)
Vacant allotment with scope for building either one dwelling for owner occupation or multiple dwellings for rental income (all subject to council approval).
Contact Andrew Pearce on 0419 544 251 for an inspection.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 3 | 1 | -m2 | Year 2024 Month 06 Day 21 | $360,000 | Council approved | |
 | 0.49 km | 2 | 1 | -m2 | Year 2024 Month 04 Day 23 | - | Council approved | |
 | 0.57 km | 3 | 2 | -m2 | Year 2024 Month 04 Day 03 | $495,000 | Council approved | |
 | 0.31 km | 3 | 1 | -m2 | Year 2024 Month 03 Day 15 | $420,000 | Council approved | |
 | 0.21 km | 3 | 2 | -m2 | Year 2024 Month 02 Day 19 | $615,000 | Council approved |