6.5% YIELD & COUNTING...

A super attractive opportunity presents itself here, as this solid multi-unit residential complex continues to produce a quality yield, and still has so much more potential for growth!

Ideally positioned just off the traffic bridge, this property is the perfect residence for any tenant looking for low maintenance, affordable living combined with convenient access to the CBD and other amenities. The complex consists of four units (3 x 2 bedroom + 1 x 3 bedroom), all currently occupied with tenants on fixed term leases. All updated in 2013, the property does have flood history though is backed up by a very affordable flood insurance policy.

From the Weekes Perspective:-
- NO body corporate or strata fees payable
- Weekly rental return of $1045 with huge potential for rent uplift in the very near future
- 3 x 2 bedroom units, containing main bathroom, kitchen/dining & outdoor area
- 1 x 3 bedroom unit, very spacious floor plan
- Parkland & river setting out the doorstep, ideal for tenants
- Short stroll across the traffic bridge into the CBD
- Affordable flood insurance cover
- Council rates $1543.27 (approx) per half year for two bedrooms & $1566.56 (approx) per half year for three bedroom