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Units/Apartments
Properties - N.S.W. | Australia |
Property Id: 17482 |
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State: N.S.W. Country: Australia Beds: 5 plus Baths: 5+ carport/garage spaces: 5+
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Status: Active
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Full Description: Shrewd investors will know the potential that lies within the purchase of these 7 units. Currently 100% occupation, all units are returning $180 p/w, meaning a yearly income of $65,520 or just under 6%. The real money, however, can be made in a different way. The units are currently in the process of changing to strata Title, meaning you can sell off 1 unit at a time. At the current asking price, each unit is being sold for approx $157,000. With the position of the units being an easy 400m walk to the CBD and just 200m to a proposed $70 million development, $157,000 per unit looks very tempting indeed. The brick units themselves contain 2 bedrooms, air-conditioning, open plan kitchen and living rooms and all have a carport.
Can't afford to buy the whole 7? The option is there to buy as many as you like. Buy 1, 4 or 7. The choice is yours.
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