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Flat
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for sale
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3 Units | 1 Title | No Body Corporate 6.2% Gross Return
Mount Kelly
· 6 Bedrooms · 3 Baths · Flat
· Parking
Mount Kelly · 6 Bedrooms · 3 Baths · Flat · Parking
Sold as a package of 3 units, $260K each - Total Listing Price $780k. This is an income of $48,360yr - 6.2% gross return with room to increase. In a complex of 5 Units, there is value in this solid block building in the main street of Ayr. Motivated seller has instructed that all written offers be presented for immediate consideration. Please contact agent for additional photos, seller's disclosure and due diligence, and inspection. Information will be made available. Current total rent received is $930pw on fixed term tenancies. Tenants willing to stay. Property Highlights: Unit 1 - 2 Bedrooms + 1 Bathroom + 1 Carport + back courtyard Fixed term tenancy $310pw (Lease term expires 31/08/26) Unit 2 - 2 Bedrooms + 1 Bathroom + 1 Carport + back courtyard Fixed term tenancy $310pw (Lease term expires 01/06/26) Unit 3 - 2 Bedrooms + 1 Bathroom + 1 Carport + back courtyard Fixed term tenancy $310pw (Lease term expires 03/09/26) Council rates - $4,854.39 per half year for the 3 units Walk to
Sold as a package of 3 units, $260K each - Total Listing Price $780k. This is an income of $48,360yr - 6.2% gross return with room to increase. In a complex of 5 Units, there is value in this solid block building in the main street of Ayr. Motivated seller has instructed that all written offers be presented for immediate consideration. Please contact agent for additional photos, seller's disclosure and due diligence, and inspection. Information will be made available. Current total rent received is $930pw on fixed term tenancies. Tenants willing to stay. Property Highlights: Unit 1 - 2 Bedrooms + 1 Bathroom + 1 Carport + back courtyard Fixed term tenancy $310pw (Lease term expires 31/08/26) Unit 2 - 2 Bedrooms + 1 Bathroom + 1 Carport + back courtyard Fixed term tenancy $310pw (Lease term expires 01/06/26) Unit 3 - 2 Bedrooms + 1 Bathroom + 1 Carport + back courtyard Fixed term tenancy $310pw (Lease term expires 03/09/26) Council rates - $4,854.39 per half year for the 3 units Walk to
Request Details