Unit for Auction
- About this property
Two Properties / One Price / One OpportunityProperty ID OPA23433The fuse has been lit on this explosive double banger rental property and time's running out. 18 bedrooms with sleepout ( under 10sqm), 9 bathrooms on a combined land holding of an approximate 2,089sqm these two adjacent properties present to market by the same motivated vendor. All units and the adjacent home are currently rented with tenants in place and an annualized yield of $140,920* (Rental income for 12 months to October 31st, 2016), current tenancy agreements,management structure, LIM, Building Report, Eqc information etc available on request.
The first property (21 Frederick) is a three bedroom character home with external sleepout sited on an approx 607sqm section. The second property (23 Frederick) comprises 8 units on a 1,482sqm parcel and is divided into separate three bedroom, two bedroom and one bedroom units respectively. All dwellings are neutral throughout with quality fixtures, coverings and come replete with the major appliances installed and heatpumps in all. (Detailed chattel list provided in information pack) Tenants vehicles are catered for with a mix of garaging, car ports and off street parking.
Several minutes to the city, a bus stop around the corner and close to amenities this package presents exceptional value and market savvy in a part of town where affordable accommodation is always at a premium.
For a detailed information pack and to arrange a private appointment to view please contact Simon or Paula Standeven today 0274 304 691.
Parking6 carports, two garages and off street parking
Otherall units and house have heatpumps.