1-4/18 Williams Road

Horsham VIC 3400

Block of units

Currently for sale - view listing

Overview

Solid Brick Investment

A rare opportunity to secure a fully tenanted residential investment, this well-presented block of four units offers immediate and reliable income from day one. * 4 x 2-bedroom units * Spacious living areas throughout * Neat, functional kitchens * Bathroom and laundry in each unit * Single carport per unit * All units leased to long-term tenants Current Rental Returns: Unit 1 - $250/week Unit 2 - $215/week Unit 3 - $250/week Unit 4 - $265/week Combined: $980/week | $50,960/year * Land size: Approx. 1,016 smq (source: RPdata) * Zoning: GRZ (General Residential Zone) * HRCC Rates: $5,118.80 * Video/Walkthrough : unavailable The vendor has chosen to keep rents at a reduced rate in appreciation of the tenants' longevity. Rental appraisals are recommended to assess the property's full income potential. Investors please note that Minimum Rental Standards apply in Victoria. We recommend seeking professional, independent advice before purchasing Important links for buyers: https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties https://www.consumer.vic.gov.au/housing/buying-and-selling-property/buying-property/inspect-properties-before-you-buy https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence