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$190,000 Negotiable
Set of conjoined units with good long term tennants yielding $230 per week. Currently managed by a real estate office in ballarat.
Property sits on a large block with room for more units or dwellings (STCA) Front tennant keeps the property maintained and pays $10 less a week, as a reward. Back tennant is the older aunt of the front tennant and has rent paid by a government department so rents are always on time. Easy tennants and owner could manage themselves easily for improved cashflow. Great percentage return after tax, owner looking to sell as now working and living in own business in the NT.
Not long ago replaced oven and heater in flat 2 and painted flat 1. There is room for rent increases in the future if required as rent has not increased in the past 2 years.
Block as road frontage at both the front and back of the block, so a entirely seperate property could be built on the back of the block (STCA)
Phone enquiries - please quote property ID 1991
Suite 1A, 608 Hawthorn Road, Brighton East VIC 3187
Call No Agent Property on
None
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