12 Phillip Avenue

Uralla NSW 2358

736 m²

Block of units

Currently for sale - view listing

Overview

Fully Leased Block of Units – Strong Returns on 739m²

Presenting a fantastic opportunity for savvy investors, this fully leased block of units offers immediate rental income, low vacancy risk, and long-term growth potential. Situated on a generous 739m² allotment, the property combines solid cash flow with the security of an established investment. Comprising a total of 4 bedrooms, 4 bathrooms, and 4 car spaces, the property is designed to attract and retain quality tenants. Each unit is currently leased at $250 per week, generating a combined rental return of $1,000 per week or approximately $52,000 per annum. Set in a convenient location close to local amenities, schools, shopping, and public transport, the property enjoys strong tenant appeal and ongoing rental demand. The sizeable land parcel further enhances the property's value, offering future potential for redevelopment or enhancement (subject to relevant approvals). Whether you're an experienced investor looking to expand your portfolio or seeking a high-performing asset with reliable income from day one, this is an opportunity not to be missed. Property Highlights • Fully leased block of units • Total of 4 bedrooms and 4 bathrooms • 4 car spaces • 739m² allotment • Leased at $250 per week per unit • Combined rental income of approximately $52,000 per annum • Strong tenant demand and investment appeal • Large landholding with future upside potential (STCA) • Low-maintenance investment with immediate cash flow Secure a proven income-producing property and enjoy the benefits of a well-positioned investment offering both stability and future growth prospects. Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.