As The Old Saying Goes
Good old bricks and mortar has always been a favourite saying when it comes to investment. There is nothing as safe as houses, they say or in this instance a block of 3 units. This is where a solid investment opportunity is waiting for you. The owner wants to liquidate to move on to other opportunities, bring me an offer, I hear them say. So this could be the break you have been looking for to get yourself into the property market. Think about what we have to offer. 3 lowset, 2 bedroom units all in the one complex with no body corporate fees which helps to keep this an affordable investment.
These brick units are all tenanted with a great combined rental weekly return of $525 with the potential for a greater return as you refurbish the units. Yes these units are a little bit dated but it wouldn't take much to freshen them up and give them a make over. This could be your week-end project, something to work on and see the improvements and watch the potential for further growth.
Each unit has its own carport and own little backyard patch. In a great location with public transport on your doorstep and close to all amenities that Granville has to offer with parkland, schools, kindy etc, service station, tavern and approval for a new IGA shopping complex. Location is a popular one.