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.