$720,000 - $740,000

8

4

4

WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS

This investment opportunity is better than money in the bank.
This unit complex consists of four two bedroom units that although being a little older are in great condition. All units are currently tenanted including long term tenants who has been in there for over a decade. With a gross rental return of $37,440 per annum, this brick and mortar investment has even further potential to increase return and would make a great addition to any investment portfolio or self managed super fund. Current return $750 per week potential to increase to $880 per week.

The units themselves include:
– 2 bedrooms
– Open living dining
– Tidy laminate kitchen
– Neat bathroom
– Internal laundry
– Air conditioning
– Small individual courtyards
– Single carport space
– Walking distance to shops

NOTE- As the tenants have been long term the current owner has been reluctant to increase the rents. Property management believe that $220 for each unit would be a figure more congruent to the current rental market.

Features
  • Air Conditioning
  • Courtyard

366 Wollombi Road, Bellbird

WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS -image 1
WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS -image 2
WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS -image 3
WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS -image 4
WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS -image 5
WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS -image 6
WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS -image 7

$720,000 - $740,000

8

4

4

Description
WHAT'S YOUR SUPER DOING? FOUR LOTS OF 2 BEDROOM UNITS

This investment opportunity is better than money in the bank.
This unit complex consists of four two bedroom units that although being a little older are in great condition. All units are currently tenanted including long term tenants who has been in there for over a decade. With a gross rental return of $37,440 per annum, this brick and mortar investment has even further potential to increase return and would make a great addition to any investment portfolio or self managed super fund. Current return $750 per week potential to increase to $880 per week.

The units themselves include:
– 2 bedrooms
– Open living dining
– Tidy laminate kitchen
– Neat bathroom
– Internal laundry
– Air conditioning
– Small individual courtyards
– Single carport space
– Walking distance to shops

NOTE- As the tenants have been long term the current owner has been reluctant to increase the rents. Property management believe that $220 for each unit would be a figure more congruent to the current rental market.

Agent Details
Tony Lewis

Residental & Rural Sales Executive

mobile 0438 640 007

office (02) 4991 4000

emailtonyl@jurds.com.au

Agency Details
Jurd's Real Estate

location

10 Allandale Road, Cessnock, NSW 2325

Key Details
property ID 1217406
land size 809m2
Media
Features
  • Air Conditioning
  • Courtyard
Location