A sweet little purpose built investment requiring a little TLC, but nothing that is going to upset you.

The outcome here is a good cash flow with capital growth, plus an easy investment to manager. This property represents uncomplicated real estate which one can buy with confidence and so easy to finance.

The property comprises of 2 large purposes built 2 bedroom units, built with permanent materials and nestled on a proud corner site of 757m2 freehold land. Bring the paint brush, give the complex a commercial wash and reap the rewards. The annual rent roll of $18,720 is great, but this does appear to be a little light, which suggest immediate upside with this property. This equates to a massive 8.32% yield on the asking price. Each unit is complemented with road frontage positioning and their individual carports.

The property offers its occupants a secure environment in which to live. Professionally managed, and in demand from prospective tenants where long term tenancies being the norm, thus creating a hassle-free appealing investment.

Contact the listing agent for an appointment to view