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Capital City; 4 Strata Titled Units Sold Together With DA In Place For 3 More

Property ID: 18895825
Purchase Price $1.25M
Rental Return $1,040 per week
Yield 4.33%
DA In Place To Build 3 Additional Units

Less than 10km to the CBD, these 4 X 2 bedroom strata titled units make an ideal long term investment. With a DA in place to construct 3 additional units there is tremendous potential upside to this investment.

Each unit has 2 bedrooms, a bathroom with laundry, open plan living area and car space. The construction is cavity brick, the land flood free and the units are all in relatively good condition. There is potential to add value through some minor renovations and rectification work on the external aspects of the property.

The location is great, with tenants being able to walk to Bus stops, Train station, Restaurants, Takeaway outlets, Coffee shops, Bars, Parks, Pool, Schools, Childcare and Banks.

Supermarkets, Shopping centres, 2 Hospitals, 2 University campuses, TAFE campus and Bunnings are all within a few minutes drive.

For further details and to secure this property call Matthew Barnes on 0430 979 900.

Matthew Barnes

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Land Area: 735m2

Type: Residential, House

Investment Strategy: Capital Growth and Development Potential

Gross Yield: 4.33%

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Matthew Barnes

Enquire Now

Land Area: 735m2

Type: Residential, House

Investment Strategy: Capital Growth and Development Potential

Gross Yield: 4.33%