ATTENTION INVESTORS!!!Elders Queanbeyan - Jerrabomberra - Googong is delighted to present for sale this rare opportunity to secure a complex of 7 units.
Located in a prime location only 2 blocks from Riverside Plaza and extremely close by to the Queanbeyan River.
Neat double storey complex on single title comprising of 6 x 2 bedroom units and 1 x bed sitter along with shared laundry facilities, 2 x store rooms and car space/carports.
All units occupied by long term tenants and all but one lease are held with a NSW Government Department.
Level parcel of land comprising 1,403m² in total with potential for future strata subdivision an option, subject to Q.P.R.C approval.
Unit 1 - 2 bedroom leased at $1,260 per month
Unit 2 - 2 bedroom leased at $1,238 per month
Unit 3 - 2 bedroom leased at $1,238 per month
Unit 4 - 2 bedroom leased at $285 per week
Unit 5 - 2 bedroom leased at $1,238 per month
Unit 6 - 2 bedroom leased at $1,238 per month
Unit 7 - Bedsitter leased at $150 per week
Gross annual rental income $97,164
Estimated annual expenses $17,066
Estimated nett annual income $80,098
NO BODY CORPORATE FEES
Excellent nett yield!
Ideal for Self Managed Super Fund or astute investor.
- Property Type: Block of Units
- Bedrooms: 8
- Bathrooms: 7
- Land Size: 1,403sqm
- Toilets: 7