Close proximity to City and providing affordable living , This older style multi-dwelling is constructed of timber frame, some externals fibro and timber walls (considered not asbestos) and clad sides with all amenities maintained and functional.
Downstairs there are 2 x 3 bedrooms flats and upstairs 1 x 2 beds and 1 x 2 bed with office/3rd bed.
With low vacancy rates and long term tenants, Gross return around 9.6%+.
Ideal for the Self Management – low turnover of tenants with some long term in excess of 2 years. - Block size 455m easy care.
Outlays include
Current insurance Approx. $3,000
Rates TBA
There is no car accommodation but plenty of room off street for vehicles.
For all inspections from serious buyers to be arranged with the Agent Leah James 0407 579 338
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