There is no skewing these numbers, they all add up… This is the one!
Huge opportunity to secure a future development site, that is already performing with a healthy yield in place. Currently returning just under $100,000 per annum in rent, this property ticks all the boxes for the current hold and future bigger plans!
With six neat units, on a flat-low maintenance block, perfectly combined with an ideal location, this one ticks all the boxes.
Currently sitting under one title to keep costs at a minimum. An easy option to strata title or demolish and further develop in-line with local demand, the options are endless and ultimately at your discretion.
Current tenancy details:
Unit 1 – $280 pw
Unit 2 – $340pw
Unit 3 – $285pw
Unit 4 – $320pw
Unit 5 – $325pw
Unit 6 – $315pw
$1,865 per week total
Be sure to call or email Hayden with any queries you may have and we look forward to showing you through at our next open home.
This property will be selling on the 26/03, with best offers to be received by 4pm – If not sold prior!