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Four, individually titled, two-bedroom residential units in an unbeatable location within a minute’s walk of the fast-developing lakefront and the restaurant/bar hub known as Eat Streat - as well as being an easy walk to city centre and civic buildings. The units are solidly built, 1960’s apartments flooded with light and with delightful aspects towards the lakefront. The property has recently had a new roof.
Currently returning $64,220, with one of the units vacant, with the opportunity to upgrade the units over time to command higher rentals, with a total assessed rental of approximately $101,660.
Multiple options here – including retain for your investment portfolio - or keep part of the property for your own use as a lock up and leave, while collecting rent from remaining units.
Call Mark to view or for more information.
Features:
* Top location - close to lakefront & Eat Streat
* Opportunity to upgrade & increase return
* Four tenancies - split risk
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.85 km | 3 | 3 | 120m2 | 2024年02月15日 | $630,000 | Council approved | |
0.57 km | 6 | 1 | 220m2 | 2023年12月18日 | $900,000 | Council approved | ||
0.67 km | 115m2 | 2023年12月04日 | $800,000 | Council approved | ||||
 | 0.80 km | 2 | 1 | 80m2 | 2023年12月01日 | $425,000 | Council approved | |
 | 0.80 km | 2 | 1 | 130m2 | 2023年11月22日 | - | Council approved |