Block of Units with the possiblity of great investment returns Approx 13.9 % Gross Return

1-5/12 Tocumwal Street , Finley
SOLD
  • 10
    Bedrooms
  • 5
    Bathrooms
  • 5
    Parking

Positioned close to the Finley Lake and in one of Finley's finest streets this tranquil location offers a block of 5 two-bedroom units all on one title that when fully leased can return approx. $590/week rent. Unit five has been fully renovated and the remaining are in good original condition with a fresh coat of paint on 3 of them. Each unit has its own off-street parking and a private rear courtyard perfect for entertaining. With an abundance of amenities close by, offering an easy-living, convenient lifestyle for potential tenants these Units will not be listed for long. If you are looking to top up your superannuation fund or simply wanting to secure a long-term investment, then this property won't let you down.

Unit 1 & 3 renovated approx $120/week each
Unit 2 & 4 havent been renovated, blinds are supplied but not installed, unit 2 doesnt have an a/c.( this will need replacing) approx $100/week rent each
Unit 5 Fully renovated, a/c not installed yet. approx $150/week

Outgoings
Rates approx $4000/year
Lawn care $40-$60/ mow
Water ? ( currently all vacant so unable to give a price)

For any enquiries please contact Samantha Arthur on 0428 831 891

Location

Agents