Three 2 bedroom units starting from $480,000

Unit 1 $455,000 rent is $495/wk – SOLD
Unit 2 $495,000 rent is $425/wk
Unit 3 $480,000 rent is $380/wk
Unit 4 $480,000 rent is $380/wk

The rents on units 2,3 and 4 are all well under market rates – so there is potential to lift the cap rate significantly once you own them.

All 3 are tenanted, some for many years. With a combined Rateable value of $1,990,000 – don’t take too much time doing your due diligence; if an individual owner gets a great offer, ...