Situated in the heart of the city and achieving an income of $126,650 last year and on track for approximately $130,000 this year, are these two standalone blocks of flats. Sited on 2 separate titles, there is one block of 3x two-bedroom flats with basement garaging and a further 5x two-bedroom flats.

With brick cladding, both properties have been well maintained by the current vendors, each offering neat appeal, new heat pumps and with excellent existing tenants. Along with the 6 x single basement garages there is plenty of off-street parking and also a secure lock up shed.

This prime inner-city location, near the Huatoki Walkway has a combined land area of 2,482m2 and may hold appeal for a developer to be land banked for future development. Opportunities on this scale are very rare! And with such a housing shortage, income is guaranteed.
Act now, phone me today to inspect!