16 Photos
16 Photos
16 Photos
16 Photos
16 Photos
16 Photos
16 Photos
16 Photos
16 Photos
16 Photos
16 Photos
Multi Investment Flats, Proven Gross Income and Development Potential
Description
Here's a rare chance to secure a fully tenanted, three-unit investment on a generous 1,558sqm fee simple site, the kind of entry-level opportunity that doesn't sit on the market for long.
All three two-bedroom units are in good overall condition and each comes with its own single carport.
Why you'll want to invest this one:
-Strong rental income of $67,600 gross per annum, with great potential to add further value over time
-Generous on-site car parking for all three units
-Underpinned by 1,558sqm of fee simple land, zoned Residential, offering the opportunity to add further value, subject to council approval
-A sunny-facing aspect and good car parking make this a genuinely appealing future development position
-A convenient, sought-after location close to schools, shops, supermarket and public transport
This is a genuine entry-level investment opportunity and not to miss.
Call Eden on 021 183 7271 or Michael on 021 212 7256today to arrange a private viewing.
