Great Returns.
This multi unit dwelling presents as a real opportunity.
With a gross return currently in excess of 8.3% this property has the ability to develop further earnings.
It currently has two long term tenancies with another unit requiring refurbishment; thus increasing the annual income by another $8,000 per annum and yielding greater than 12.5% (gross)
The owner requires a quick sale and has priced accordingly.
This opportunity is ideal for builders, tradies and investors alike.
Inspections by appointment only.
Phone Ray White today.
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