BLOCK OF UNITS - 8.2% Return

Attention all investors, this is the block of units you have been looking for! Located in a quiet location in the historic township of Uralla, this rare block of eight 2 bedroom units, on a single title, is waiting for a new owner to reap the returns from this highly productive block.
These low maintenance brick units have been very well maintained and has a carport to each unit. The easy design inside makes these units easily rentable, currently returning a gross of approx. $81,000 per annum, with the opportunity to add value to the return given the size of the land. This equates to a 8.26% gross return on the current rent and asking price.
All the units have 2 bedrooms with built ins, separate kitchen to the lounge living area, gas heating and plenty living space.
With the current tight vacancy rate in the New England, there is loads of opportunity for a discerning investor to add further value to the 2023 m2 block down the track.
This type of property is rare to the market, so do not delay and run the sums on this solid unit block. Contact Michael Singleton today on 0434714788 for more information.