Great return for lakeside paradise!
Investors take note, an extremely rare opportunity to purchase an entire block of 5 units, situated directly opposite the beautiful Canton Beach Lakefront. This block of 5 units has an impressive rental yield, with a potential "effective yield" of over 6% PA with the leverage of a comprehensive tax depreciation schedule. Comprising of 2 x 1 bedroom and 3 x 2 bedroom units, with all units being recently renovated (units 3 and 5, which are the 1 bedroom units, were previously renovated)
Please note that the internal photos are of unit 1 (display unit) which is currently used by the owners. Saturday open homes and/or initial inspections will be on unit 1 as a display unit. Genuinely interested parties will then be invited to inspect the remaining 4 units strictly by private appointment. All units are recently renovated and a tax depreciation schedule reflecting the improvements can be provided to serious purchasers.
Current Rental Return:
Unit 1 - Display unit - potential
