Units 1 to 9 available, each unit is priced at $159,000 per unit.
Allotment size: 2,288m2 (total block size)
Council rates: $1,539.45 per unit, per annum
Year built: 1968
Zoned: General Neighbourhood
Community fees: Approx $108 per unit, per annum (insurances only)
Leasing information: AS BELOW
Unit 1 - $250 PW - 15/10/21 to 14/4/25
Unit 2 - $250 PW ? 19/7/24 to 18/7/25
Unit 3 - $250 PW ? 18/6/10 to 11/11/26
Unit 4 - $245 PW ? 7/7/23 to 12/7/24 (lapsed to periodic lease)
Unit 5 - $250 PW ? 24/5/24 to 23/5/25
Unit 6 - $250 PW ? 1/11/24 to 31/10/25
Unit 7 - $250 PW ? 2/5/24 to 1/5/25
Unit 8 - $250 PW ? 30/11/23 to 29/5/25
Unit 9 - $250 PW ? 16/9/24 to 15/9/25
Units 1 to 9 available, each unit is for sale priced at $159,000 per unit.
There's a shared water meter at this complex, therefore 8 of the 9 tenants pay $50 per quarter for water usage.
Unlock an incredible investment opportunity with this block of 9 fully tenanted units, delivering strong rental income and endless potential! Nestled in a central location, your tenants will love the convenience of being just moments from schools, parks, shopping centres, and grocery stores. Add even more value by exploring simple cosmetic upgrades to boost both appeal and capital growth. Whether you're expanding your portfolio or starting your journey, this property promises steady returns and future rewards!
Each unit comprises the following:
Entry to lounge room
Bedroom with built-in robe
Kitchen and meals with electric ovens and built-in pantry
Bathroom with toilet and walk-in shower
Tiled laundry and toilet with external access
Electric hot water system
Off-street car parking
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Elders Real Estate RLA62833
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.42 km | 3 | 1 | -m2 | 2025 01 22 | - | Council approved | |
 | 0.39 km | 3 | 3 | 312m2 | 2024 12 09 | - | Council approved | |
 | 0.35 km | 4 | 2 | -m2 | 2024 10 14 | - | Council approved | |
 | 0.36 km | 4 | 2 | -m2 | 2024 09 11 | - | Council approved | |
 | 0.38 km | 3 | 3 | -m2 | 2024 08 01 | - | Council approved |