Grow your portfolio and prosper
Snap up the opportunity to secure this block of five units. Configured as two, two-bedroom units and three one-bedroom units. Situated in an ideal location just along from the hospital on a freehold title. The astute investor will be very aware of the earning potential and net returns on this property. This block has the potential to return just over $50,000 per year, a pretty good investment in anyones eyes! All units are currently tenanted. Unit A paying $205, unit B paying $215, unit C paying $180, Unit D paying $180 and unit E paying $185 per week. Unit A, B and E are all long-term tenants. These units have always been easy to tenant with a very low vacancy rate. Built from brick, these units are solid, however need some maintenance completed on them. With a good tidy up, your investment will be secure for many years to come. Why would you have your money in the bank with returns like this? Use your money to buy an asset that has the potential to increase in value, provide regular income, or do both. Sit back and watch your net worth and your financial security grow.