3 x Multi-unit Block
The perfect investment - an opportunity to easily add value with a low budget in a high demand location. Three, two-bedroom units situated in the CBD will reward astute landlords with multiple income streams. The construction is favourable, a solid 150sqm concrete block building plus a 40sqm garage on a 609sqm pocket of land. A brand-new roof and flashings (February 2022) will ensure 'dryness' for 50 plus years.
These units are 100% 'Healthy Homes' compliant (reports are available) with a current income of $50,700 per annum. There is serious room for rent increases with current long-term tenants being well 'looked after'. Each unit boasts a new heat pump, an open plan living environment, a storage room, a private fenced off courtyard with a sunny deck.
Easy links to the CBD, nightlife, sports amenities, and transit routes ensure great tenant appeal. The set-up allows for either a live-in or off-site landlord. Whichever way buyers look at it, this package adds up to a superb investment strategy. Added bonus - each unit has its own title (cross lease) on freehold land and has the future potential to be sold individually.
Call Aaron Paterson or Ben Scaramuzza for a full information pack.