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8 Bedrooms4 Bathrooms4 CarportsID BU56004

Grow your financial security

Seize this opportunity to secure this block of four two bedroom units all set back off the street in a central location close to CBD on a freehold title. The astute investor will be very aware of the earning potential and net returns on this property. This block has the potential to return just under $50,000 per year, a pretty good investment in anyone's eyes! Flat one has been freshly painted, new carpet and drapes and has a rent appraisal of $220.00-$240.00 per week. There is also the possibility of a tenant being in place prior to possession. Flat two is currently rented at $210.00 per week and tenant would be happy to stay. Flat three is currently rented by a long term tenant also happy to stay at $200.00 per week. Flat four has a tenant moving in on 6 June at $225.00 per week. These units have always been easy to tenant with a very low vacancy rate. Why would you have your money in the bank with returns like this? Use your money to buy an asset that has the potential to increase in value, provide regular income, or do both. Sit back and watch your net worth and your financial security grow.
CHATTELS  Fixed floor coverings   |   Light fittings   |   Clothesline   |   Drapes   |   Electric Stove x 4   |   Net Curtains   |   Smoke Detectors   |   TV Aerial   |   Washing Machine Taps   |   Blinds in the front and back flats (not the middle two)   |   Disclosures Exist
Features
Area | 250.00m2Land | 1066 m2Rates | $6201.95paRegional rates | $491.47paLV | $215,000RV | $480,000
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Andrea O'Donnell AREINZ

M  027 483 4211  P  06 351 2825

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Andrea O'Donnell AREINZ
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