Flemings Cootamundra is pleased to present 51 Gundagai Road, a rare and exciting investment opportunity comprising five quality residential units all under a single title.
This brick veneer property offers immediate and consistent income, with scope for further yield enhancement. With no strata involvement, the complex presents a hassle-free investment ideal for savvy buyers seeking long-term growth and security.
The property currently returns approximately $65,500* per annum gross, with the potential to increase to a market rate of approximately $72,000* per annum gross under existing conditions.
Features:
- Five x 2-bedroom, 1-bathroom units under one title
- No strata full control over management and maintenance
- All units well-presented and currently tenanted
- Each unit includes a single carport
- Strong rental return with ability for further growth
- Low-maintenance investment with broad tenant appeal
- Located just 350m* to local park and popular local cafe and just 1.4km* to the CBD
This is an outstanding opportunity to secure a high-performing, low-maintenance investment with excellent income and future growth potential. Opportunities of this calibre and potential rarely come to the market
Contact Flemings Cootamundra today to arrange an inspection!
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All information contained here is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
