Right in the heart of Batemans Bay, this block of four studio units gives you four sources of income in one spot.
Four tenants already live in the complex, so the income is secure from day one. The waterfront is only 200m away, the bus stop is close by, and the town's cafes and restaurants are an easy walk. Tenants will always want to be here.
There are four allocated parking spaces for the residence.
One unit has been renovated and shows what the others could become. The remaining three need work, which leaves room to lift rents and add value over time. The top floor has water views.
Power and water are included in the rent, and the units aren't separately metered. The latest strata minutes and utility bills are available on request.
A good fit for investors wanting a central Batemans Bay holding with upside.
Rental Return - $75,258/year
Gross Rental Yield - 6.27%
Contact Kylie Lee today for the strata minutes, utility bills and inspection times.
Kylie Lee: 0492 278 042
kylie.lee@raywhite.com
Auction: 19th November 5pm @ Ray White Batemans Bay Auction House, 2A-4A Orient Street, Batemans Bay.
Disclaimer: All information contained herewith is provided by third parties. We have obtained this information from sources we believe to be reliable, however we cannot guarantee its accuracy. Interested parties should make their own enquiries. Tenants belongings have been digitally removed.
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