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INVESTORS! $$$$ Block Of 6 Units - Prime Investment For Nest Egg Or Quick Cash | | Property type: | Apartment | | Price: | $550,000 | | Address: | MORWELL VIC 3840 |
Currently on one title but all approvals to strata title into six units have been granted. All you need to do is apply for the titles. All the hard work has been done for you including building dividing fences, bin receptacles, parking and getting it through all authorities.
Refurbished kitchen in unit 1
Each unit is a good sized, two bedroom, one bath
Fully tenanted
Rental return is $615 pw or $31,980 pa.
Solid brick and concrete construction
Low maintenance paved and concrete areas
Designated car bays for each unit
Outside has been refurbished
Hold as your retirement fund or sell one or more as you need for a tidy profit
Close to centre of town, railway station, parks, schools and shops.
In a growth area of La Trobe Valley with power stations, agriculture, and new highway.
Where else can you own an entire block of units for $550,000?
Asking $550k
For pics, please go to:
http://www.flickr.com/photos/draaagon/sets/72157623134567728/
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Property details |
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Bedrooms: | 12 |
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Bathrooms: | 6 |
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Hot water service: | Gas |
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Year built: | 1970 |
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Construction type: | Solid brick |
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Levels: | 2 |
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Floor: | 2 |
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Parking place: | Uncovered |
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Floor area: | 450 Sq. Metres approx. |
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Lot area: | 630 Sq. Metres approx. |
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| Property features |
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 | Family room |
| Laundry |
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