A super invest and forget opportunity
An excellent addition to your rental portfolio at 10.56% gross yield. Don't miss out on this one! Here is a freehold block of three flats, all tenanted with excellent tenants who have an 'unblemished tenancy record'. All the work has been done here. All of the two bedroom units have been renovated, with new kitchens, floor coverings and carpet, and interior wall linings. Two units have new heat pumps, and the third, a standalone unit, has a freestanding fireplace. All three units are insulated top and bottom. It just keeps getting better! All three units have a carport which provides undercover access to the unit and the separate laundries.
The grounds are super easy care, and the fencing is new. At $325,000 the $660 weekly return provides a 10.56% gross yield. Wow! We can provide a 2017 Registered Valuation at $325,000. Rates are $6874.20 for the 2017/2018 year.