No excuses here with this great investment property returning approx 7% gross with the bonus of approved plans to build a 2 bedroom unit on site.
- Three neat & tidy 2 Bedroom units
- Approved plans for a 2 bedroom unit
- Great investment opportunity
- Rental return is approx $29,300pa
- Non Strata, but with separate water meters
- 1,012m2 block with rear lane access
- Ready made income
- Popular southside location, close to the CBD
Fantastic investment with scope to further enhance with approved plans for another 2 bedroom unit, easily better than any bank interest. Build and depreciate !