116 The Avenue
mount saint thomas NSW 2500

8 4 2

Description

- Outstanding and extremely rare opportunity to acquire a solid and freestanding set of brick apartments with an excellent occupancy rate.

- 4x2 Bedroom apartments all currently occupied, three are by long term tenants that treat and respect the properties as their own. Current rental return of $1,180 per week (approx $61,360pa) combined with scope for improvement upon further renovation or modernisation that could be done as leases expire or tenants move on in the future.

- The four apartments are all on ground level with open living areas, undercover front porch/verandah areas, good size bedrooms with shared laundry facilities.

•Approximately 250m to Figtree Bowling Club

•Approximately 350m to shopping precinct including Figtree Grove (Woolworths, Coles, Kmart etc) and Collies sports complex (Anytime fitness, Red Dog Café etc)

•Approximately 200m to corner stores includes Indian restaurant, hairdresser and beauty therapists.

- Opportunity to purchase and enjoy the immediate steady return from the multiple income property & Self Managed Superannuation prospects.

E & OE. Please note that all information herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and any interested person/s should rely on their own enquiries.

Property Details

Property Type - BlockOfUnits

Land Area - 626m2

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Contact Details

Get in touch with our team at First National Real Estate Wollongong

Vicky Dukleski

Administration, Property Management, Sales

4226 6055

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