Investors Do Not Look Past This One!
One title, one rates notice and NO BODY CORPORATE FEES for this block of five masonry units. Perfect for the astute investor
The five units are all two bedrooms with built-in robes, tiled open plan living, 1 bathroom, fully Air-Conditioned, security screens on all doors and windows and undercover carport.
All the units’ kitchens have been replaced, as seen in the photos. Unit 1 &4 have fully renovated bathrooms and units 2,3, & 5 bathrooms are partly renovated.
All 5 units are currently rented bringing in an income of $1,155.00 per week. As you can see on the internet the current rent it is well under today’s rent. The potential rent should be $280 to $300 per week. Not only is it a great Buy it is a solid investment.
Current rental:
• Unit 1 $260 per week lease expires 13/10/22
• Unit 2 $200 per week lease expires 1/5/22
• Unit 3 $240 lease expires 9/6/22. Then increased to $260 from 10/6/22 - 9/6/23
• Unit 4 $245 lease expires 14/10/22
• Unit 5 $210 lease expires 16/8/22
You'll never have trouble finding tenants for this spacious Units. Located in the sought-after the inner-city suburb of Hermit Park. It is in walking distance to schools, shops. Even walk to the v8 track and much more. This property is convenience plus.
Solid block of units are always popular. They are extremely rare to find for sale in Hermit Park.
“You know that old saying you snooze, you lose”
Call Doreen Charity 0414 691 666 for an appointment.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.
