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Block of Units in Young
One of a Kind Investment - Block of 5 Flats in One Title
- 2 Beds
- 1 Bath
- 5 Cars
- This block of flats in the CBD is simply one of a kind, but there's no denying they need plenty of work!
- Well known locally, adjacent Police Station & opposite pool, comprising 4 x 2brm & 1 x Bedsitter flats.
- Unlimited potential to improve its budget rental status - Has long rental history with sound occupancy.
- Fully occupied, currently returning $35,620pa gross pa ($685pw income) with all leases now expired.
- Completely level & sealed approx. 682.9sqm's with basic carports & shared laundry-composite construction.
- Single title, B4 Mixed Use allows commercial / residential redevelopment, subject to council approval.
- Builders, investor & developers, here's your chance - Price reflects condition & owner is ready to sell!
Features:
- Close To Schools
- Close To Shops
- Close To Transport
Building:
393m²
Parking:
5 carport spaces
Bedrooms:
2
Bathrooms:
1
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