Check Out The Return
Showing a gross return of about 6.3% this property is a great investment when you compare it to current Bank term deposit rates of 1% or even less. This place has good bones and has been faithfully owned and maintained by the same owners for 40 years. Amongst a lot of other work completed, the exterior has been repainted, a new roof & insulation installed over the main living section & the back yard was resealed all within the last couple of years. There's a 3 bedroom flat, a 2 bedroom flat & a studio flat bringing in what could be considered a conservative combined rental of over $37,500 per year. There's no Open Homes & viewing is strictly by appointment only so don't hesitate & phone today.