Raine & Horne Inverell are proud to present for sale by Expression of Interest this prime residential investment opportunity. Comprising 8 two-bedroom brick & weatherboard units situated in one of Inverell's desirable locations on Ross Hill. Set on a 2,092sqm level corner allotment with dual street frontage, this quality-built complex was constructed by one of Inverell's former and highly regarded builders & has remained within the same family portfolio for over 35 years.
Seven of the units are split-level, with one ground-level unit for added convenience.
Each residence features:
• Spacious living areas
• Electric kitchens
• Bedrooms with built-in wardrobes and ceiling fans
• Generous-sized bathrooms
• Second toilet on the lower level
• Reverse cycle air conditioning in all but one unit
• Courtyards for entertaining
Parking and storage are well catered for with double garages for Units 1 & 2, & carports with individual storage for the remaining units.
The exterior is equally impressive, featuring private & landscaped gardens, with some units having undergone improvements over the years. The property boasts a solid and consistent rental history, including three long-term tenancies of 11, 14, 18 years respectively.
Located approximately 700 metres from Inverell's CBD, the property offers both convenience and lifestyle appeal.
Additional Information:
• The complex is currently non-strata but was constructed with provisions in place to allow future conversion to strata title.
• Council Rates: $10,099 per annum (current financial year)
• Owners Insurance: $6,600 per annum
• Contract & Income Statement available upon request for genuine enquiries
Please note: Displayed internal images include Units 2, 6, and 7
DISCLAIMER: Raine & Horne Inverell has made every effort to ensure the accuracy of the information provided. However, no warranty is given, and interested parties must rely on their own enquiries. This material does not constitute legal, financial, or professional advice. Information is subject to change without notice. Images and descriptions are for marketing purposes only and may not accurately depict the current state of the property. The agent and vendor disclaim all liability for any loss or damage arising from reliance on the information provided.
