4 4 1
Great opportunity to secure an investment property offering a substantial rental return with potential for improvement and potential development.
The property currently consists of 4 units. Unit 1 is vacant and requires renovation. Unit 2 & 4 are 1 bedroom units and Unit 3 is a two bedroom unit. Current combined rental returns $485.00 per week.
The property also has a vacant block of land (approx. 622m2) adjoining which is currently on the market for $69,000. This would make a great opportunity for any future development (STCA).
Call for details and inspection.