Are you interested in inspecting this property?
Get in touch to request an inspection.
Rare and Exclusive Investment Opportunity!
- 8 Beds
- 8 Baths
- 8 Cars
A rare opportunity for investors to secure a unit complex of 8 x 1 bedroom units across two dwellings with strong cash flow and positioned on a significant 1,304sqm 'MD' zoned site which bares future opportunity for redevelopment. With two separate titles, there is also the ability for each complex to be sold individually.
- Two separate buildings each comprising of 4 x 1 bedroom units.
- Exclusive fenced courtyard area to each unit.
- Updated and functional kitchen.
- Genuine one bedroom unit with separate bathroom.
- Air conditioning and tiled through-out.
- Private laundry area located on rear patio.
- Well located within walking distance to Nightcliff Foreshore.
- Convenient off-street parking for residents.
Annual Rental Income: $110,000*
Area Under Title: 1,304 Square Metres
Easements: Sewerage Easements for Power and Water Authority
Planning Scheme Zone: MD (Multiple Dwelling)
Council Rates: $5,560 Per Annum (Approximately)
- Air Conditioning
- Built-In Wardrobes
- Close To Schools
- Close To Shops
- Close To Transport
8 garage spaces
Do you want to find out more about this suburb? Enter your details to receive a free comprehensive suburb report.