SOLD – NOT ONE NOT TWO BUT THREE INCOMES – THREE FLATS – 827 SQ M FREEHOLD CORNER BLOCK

SOLD – NOT ONE NOT TWO BUT THREE INCOMES – THREE FLATS – 827 SQ M FREEHOLD CORNER BLOCK

$257,500

Description

Investors take note – three flats. Excellent value for money. With two flats rented at $200 per week each, these leases commenced in November and expiring May 2023. While flat 3 having the older lease commenced April 2022 and expiring in April 2023 is rented at $180 per week this shows the increase in rents during that time frame. Flat 3 has also been renovated. Increasing the rental value upon lease renewal and the rental market at that time. The flats have – open plan living area, two bedrooms and bathroom. Bathrooms in each flat have tiled flooring, shower cubicle, toilet and vanity unit to complete. Air conditioning, easy care flooring plus carpet for comfort, ceiling fans, garden shed, clothes lines and car accommodation x 2 as flat one car area has been updated to a family room for that appealing point of difference. More photos coming- flat 3.

Location

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