Torrens Title Flats - 4 x 2 Bedroom Units - Income From Day 1
• Brick single level, low maintenance development situated so close to public transport, shopping centre and freeway access for both north and southbound commuters with a gross rental income of $94,120.00 per annum
• Stable rental history with long term tenancies, four separate income streams providing diversified rental risk
• Each unit complete with own front and rear entrance, internal laundry and single allocated carport
• Opportunity to value add and increase rental return further by refurbishment of Units 1 & 2
• Two additional off street parking spaces for visitors or add them to future tenancies to increase rental income even further
• Overall long-term investment appeal
Inspect: By Appointment
Zoning: R2
Land Size: Approximately 890sqm
Rental income: Currently $1,810.00 per week
Council Rates: $954.97 Per Quarter
Water Rates: $807.60 Per Quarter
assignmentLooking for more information on 14 Princes Highway?
Explore comparables, sales history and growth for this property.