Fabulous Investment Opportunity - High Yielding
Introducing a fully leased block of 7 residential units on a single title - a perfect acquisition for the astute property investor.
Strong Returns:
• Gross rental income of $93,860 per annum with potential to increase.
• Gross yield of 7.75% based on guide price
This established asset, held for 22 years, offers a diversified portfolio of 1 & 2 bedroom units with varied layouts; some units boast an easterly outlook from a generous balcony, while others benefit from charming outdoor courtyards.
Features:
• Prime Location: Situated in a quiet residential area with parkland directly across the road, with convenient access to Nail Can Hill and Albury Golf Course.
• Secure Parking: Rear car parking available for tenants.
This rare opportunity delivers immediate returns with the potential for future capital growth. Book your inspection today and secure a solid investment asset in a highly sought-after locale.
For Sale now but going to Auction on May the 4th 2025 if not sold prior.
The seller is motivated, and this property will be sold at auction, but you can make an offer now to secure this valuable investment opportunity.
Note that settlement will be required before 30th of June 2025.
May the force be with you.