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Great Investment Opportunity 4 Units 1 Title
St Arnaud North
· 7 Bedrooms · 7 Baths · Flat
· Parking · Equipped kitchen
St Arnaud North · 7 Bedrooms · 7 Baths · Flat · Parking · Equipped kitchen
Such an investment opportunity is rare in St Arnaud. Located metres from the main street are 4 brick units all currently tenanted. To be sold as a whole, the property includes 3 carports and 1 garage. Unit 1 - 2 bedrooms, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $250 per week. Unit 2 - 2 bedrooms, lounge/kitchen with split system and new electric stove and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 3 - 1 bedroom, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 4 - 2 bedrooms, lounge/kitchen with split system and new electric oven and bathroom/laundry with shower, vanity and toilet. Currently rented at $230 per week. Gross Rent $46,800 per annum. Gross Return 7.6%
Such an investment opportunity is rare in St Arnaud. Located metres from the main street are 4 brick units all currently tenanted. To be sold as a whole, the property includes 3 carports and 1 garage. Unit 1 - 2 bedrooms, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $250 per week. Unit 2 - 2 bedrooms, lounge/kitchen with split system and new electric stove and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 3 - 1 bedroom, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 4 - 2 bedrooms, lounge/kitchen with split system and new electric oven and bathroom/laundry with shower, vanity and toilet. Currently rented at $230 per week. Gross Rent $46,800 per annum. Gross Return 7.6%
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