Currently returning approximately $46,500 gross return each year, this property in its desirable Windsor location is a must-view for all investors looking to grow their portfolio.
Comprised of four separate flats, there are several configuration options depending on tenant's needs. The ground floor is currently rented as a 3 bedroom flat with internal access garage as well as a single bedroom flat. Upstairs houses 2 x 1 bedrooms flats with separate lounge or potentially 2 x 2 bedroom flats.
The 360sqm interior space is easy to rent out with high occupancy rates, while the compact land area of 536sqm is very low maintenance and offers great off street parking options for tenants.
Desirable Windsor location is close to the city, SIT, Queens Park and is within easy walking distance to public transport and the Windsor shops.
Rates approximately $5940pa. LIM Report available on request. Currently professionally managed.
Viewing is by appointment only.
To be sold by Deadline Sale closing at 3pm on Friday 18 June. Prior offers considered.
Price on Application
Bedrooms: 8 Bedrooms
Bathrooms: 4 Bathrooms
Garages: 1 Garage
ES Rates $: $300.48