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12% Positive Cashflow Return

1-7/1 Bundemar Street
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Quick Summary

Location
Warren, 2824
Price:
$345000
Property Type:
Residential
Status:
Sale
Lot Size:
1322
Beds:
5
Baths:
5
Carports/Garages:
1

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Property Summary

7 x flats all on one title returning $825pw. Good condition and very low vacancy rates . Managed by a fantastic local agent so you can just sit back and let your investment pay itself off.

Property Description

6 x 1 bedroom flats 

1 x studio 

All with kitchens and bathrooms . Good tenants. 

Cashcow grossing over 12% with low overheads .

Perfect for self managed superfunds or an added income

$825pw with very low vacancy rates in town.

The very tight local rental market will ensure these units are easily leased and have a very high occupancy rate.
The property is both neat and tidy and in good condition, so there is not a thing to be done before you start benefiting from your investment. 

The units are situated on a large corner block 1322m2 aprox that also includes parking and two sheds.

With a strong return like this, this property won’t last long. 

 

Property Features

Map

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