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Massive Price Reduction - Multi-Unit Investment Opportunity

Unit

Sold for $475,000

Units 1 to 4/8 Ruddville Avenue KORUMBURRA

For the first time in 15 years a unique opportunity presents itself for the investor to consider.
Offering a current return of $800 per week, here is your chance to grow your portfolio and reap the rewards of nearly an 8.5% return.
This cluster of 4 connected, but individual, units are located on the edge of the Korumburra township, within walking distance to the main street, and have consistently provided a good income source to the current owner.
Currently all units are tenanted with reliable and long term tenancies.
All units feature gas wall furnace heating, gas cooking and gas hot water with natural gas connected to each unit. The complex comprises of:
Unit 1 - One bedroom ($190pw),
Unit 2 - One bedroom ($195pw),
Unit 3 - One bedroom ($195pw),
Unit 4 - Two bedrooms ($220pw).
(48 hours minimum notice required to arrange an inspection).

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

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