This property offers a range of valuable real estate features; multiple income streams, a large 1391m2 block adjacent to the river, and 2 two street frontages which enable a host of future development opportunities (STCA). Comprising of ten fully occupied bedsit units, this property has been returning a sound income stream with low vacancy rates for a number of years. Features include;
- 10 x 1 bedroom, 1 bathroom units with a shared laundry in the complex
- 1,391m2 level block adjacent to the Evans River
- Two street frontages, 5 units face Mangrove St & 5 with access from Cherry St
- Complex has established tenants and very low vacancy rate
- Located in a quiet area of town, close walking distance to Main Street and RSL Club
- All ingoing and outgoing figures are available on request
- Unit 8 has been fully renovated including new kitchen and bathroom
This opportunity is one-of-a-kind in Evans Head and is sure to appeal to those looking add to a self-managed super fund or investment portfolio. Call David today to arrange your inspection on 0417 607 740 or 02 6682 6226.
▶
