For more details and viewing please call Rossignoli Real Estate on Display phone number
This 10 unit complex is now up for sale for the first time in 15 years
Located at the eastern end of Knight Street surrounded by quality real estate properties the development offers a rare opportunity to build on or extend your Investment portfolio. The property is accessed through a remote controlled gate to a central driveway to all the units. Each unit comprises 2 bedrooms, lounge, kitchen and meals area. A number of the units have been improved in recent times with all units having separate water meters.
Our conservative owner currently receives a return of $79,000 approx. per annum but with a little work rental could easily increase to around $90,000.
Subject to Council approval the units could possibly be separated into 10 titles enhancing value and future saleability.
Buyer Ranged $1,000,000 to $1,200,000 Value at $1,100,000.
If you have any enquiries please contact Rossignoli Real Estate direct on Display phone number