A 1920's residential converted flat being, 1 x 1bedroom flat and 1 x 2 bedroom flat with a non-permitted 1 bedroom dwelling attached at the rear. There are carports and no garaging.
Although it all appears to be in a sound condition a builders report would be required to confirm it.
The rental income for the three units is good at $480 per week making a gross income of $24,960 per annum, if there is 100% occupancy.
Investors should be interested at the right level of return.