SoldJun 30, 2016

64 Launceston St, Lyons, ACT, 2606

$1,550,000

12
6
6

House

21 days on the market

Sold: Jun 30, 2016

What's around 64 Launceston St

Rare Investment Opportunity - Six Units on One Title

Offered to the market for the first time is this special opportunity for the astute investor or possibly a Self Managed Super Fund to be able to secure 6, two bedroom apartments all on the one title in this convenient inner Woden location. There are a combination of units within the development. Two fully renovated, two partially renovated units and two units in completely original condition. All unit feature combined living dining area, built in robes to both bedrooms, functional kitchen layouts & separate bathrooms with a shower over the bath. There are carports for each unit and a common laundry area. Currently returning $1380.00 pw. (Please note that the display unit is currently vacant but could rent for approximately $330 per week). Outgoings are as follows: General Rates: $1,108.00 per quarter. Land Tax: $2,168.00 per quarter. Water & Sewerage: $1,472.00 per quarter. Insurance $575 per quarter Electricity to common areas; $75 per quarter. EER's are as follows:  Unit 1 - 2.0 Unit 2 - 3.0 Unit 3 - 2.0 Unit 4 - 0.0 Unit 5 - 2.5 Unit 6 - 1.5 Please visit our display unit or call Chris or David for further information.

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