Investor Special – 3 Solid Brick Units
Calling all developers, investors and first home buyers – here is a great opportunity to secure a foot in the market, and landbank while collecting the rent from this solidly built set of 3 brick and tile units.
Each of the units comprises a large bedroom with built-in robes, good-sized lounge (sizeable enough for a couch and small dining suite) and original kitchen. Utility rooms include a walk-through laundry with linen closet and bathroom equipped with shower, toilet and vanity.
Outside, a triple carport provides undercover parking for each of the units on the 664m2 block. The units' fixtures and fittings are in fair condition and could be modernised to improve rentability and yield. For the developer, the large level block lends itself to a number of options to further capitalise on the handy location, subject to DA approval. Close to the A43, Maitland Hospital and Greenhills shopping centre.
Features include:
• Solidly built set of 3 x 1 bedroom brick units,
• 2 units currently rented
• Triple carport
• Large level 664m2 block
• Opportunity to modernise or develop, and further capitalise subject to DA approval
• Handy central location to the A43, Maitland Hospital and Greenhills shopping centre
Outgoings:
Council Rates: $3,664 approx. per annum
Water Rates: $2,046.54 approx. per annum
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
