16 Werambie Street

Toormina NSW 2452

898 m²

Block of units

Currently for sale - view listing

Overview

FOUR UNITS. ONE OUTSTANDING INVESTMENT OPPORTUNITY.

An exceptional opportunity for savvy investors - acquire all four units within one well-positioned complex and secure a diversified residential income stream from day one. Offering four separate 2-bedroom units, this tightly held investment provides the rare combination of multiple rental incomes, low vacancy risk through diversification, north-facing living, private outdoor spaces and car accommodation. The numbers that matter: 4 x 2-bedroom units 4 x bathrooms with internal laundry & bathtub 4 x carports plus a additional visitors car space No Strata Combined rental income: $90,740pa (approx.) FOUR UNITS - FOUR INCOME STREAMS Unit 1 - Ground Floor Neat and tidy, north-facing ground-floor unit featuring a private courtyard. Current rent: $410pw Unit 2 - Ground Floor Well-positioned ground-floor unit with a sunroom and private north-facing courtyard. Current rent: $450pw Unit 3 - Top Floor Neat and tidy top-floor residence enjoying a north-facing balcony. Current rent: $435pw Unit 4 - Top Floor Freshly enhanced with a new kitchen and new paint, this top-floor unit also enjoys a north-facing balcony. Current rent: $470pw Combined rental income: $91,780pa (approx.) Land Size: 898m2 (approx.) - Rates: $10,265pa (approx.)