This lucrative investment proposition presents a rare opportunity to acquire a block of four units, all on one title with no strata fees. Strategically located on a generous 2055sqm block, this property offers a steady stream of rental income and excellent future growth prospects.
The block comprises two one-bedroom units at the front of the property, each featuring a neat and tidy kitchen, bathroom, living area, external laundry, and lock-up storage room for added convenience. Both units boast front and rear verandas, perfect for relaxation, and split systems for heating and cooling ensure year-round comfort.
The rear two units have been modernized, each offering two spacious bedrooms, an updated open-plan kitchen with breakfast bar, modern bathroom, external laundry, lock-up storage room, and front verandas. Split systems provide efficient heating and cooling, making them highly desirable to tenants.
With a high occupancy rate and each unit metered separately for power and gas, this investment is both hassle-free and cost-effective. The large block also presents opportunities for further development, potentially accommodating one to two additional units, STCA. This block of four well-maintained units offers a unique chance to secure a steady rental income stream, with the potential for long-term capital growth. Do not miss out on this exceptional investment opportunity get in touch today!
All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
