Nestled in the heart of Beechworth, this property offers unbeatable convenience, just steps away from local amenities such as the Rail Trail, Lake Sambell, the picturesque Chinese Gardens, and Beechworth?s renowned cafes and restaurants.
Set on a spacious 1,194sqm lot, is four well-maintained brick units, all on a single title.
Each unit greets you with a bright, open-plan lounge and dining area leading into the kitchen. The comfortable layout features one bedroom with built-in wardrobes and a private ensuite with both shower and bath facilities. A communal laundry area, equipped with built-in storage, services all units, while dedicated carports provide convenient parking for each unit.
Comfort is assured with reverse cycle split systems in every unit. Currently, all units are leased with four excellent tenants with rents rising to generate an attractive $57,200 per annum annual income.
This property also includes a planning permit for a four-lot subdivision, and the potential to develop one-two additional dwellings on the vacant land at the rear (subject to council approval).
Rarely does an opportunity like this arise! If you?re looking for a low-maintenance investment with significant potential, contact Sarah Voigt at 0417 303 062 to arrange a viewing.