Situated in the heart of the CBD, just around the corner from KMart and the inner city are these 2 and 3 bedrooom apartments. Minesite and city views from this property.
Earning $39,520 pa gross, this represents 11.65% return
Ideal for renovating and possible Strata Titling subject to Council approval.
These units are a great super fund investment or live in one and rent the others. Constructed of solid block these units have stood the test of time.
Each unit has an undercover carport and evaporative cooling throughout. Now being ugraded to split systems in each unit . Each unit has lounge rooms split air cooled now. In addition there is also a storage shed on the property. Each unit it elevated and has city and mine views.
Added bonus is the spare land at the top of the block, with a decommissioned plunge pool, small shed and attached concrete area- perfect to build a studio apartment with its own pool ( stca)
The units comprise the following;
Unit 1- $260.00pw
* 2 bedrooms both with built-in robes
* Modular kitchen and bathroom
* Internal tiled laundry
* Open plan carpeted living area
* Split air in loungeroom
Unit 2- $260 pw
* 3 bedrooms all with built-in robes and ceiling fans
* Good sized private undercover balcony
* Large separate living room
* Modular kitchen and combined dining
* Tiled bathroom
* Internal laundry
* Split air in lounge and master bedroom
Unit 3- $240 pw
* 3 bedrooms with built ins to 2
* Modular kitchen
* Tiled bathroom with separate toilet
* Huge lounge room and city views
* Split air in lounge and master bedroom
All consistently tenanted and fully tenanted, due to the great location close to the CBD,. Call Bronwyn for more details and make an appointment to view 0448 013 974
