1-4/9
St Lukes
Avenue
brownsville
NSW,
2530
SOLD
Sold for $1,330,000
5
4
2
Property: 189 sqm
Land: 656 sqm
STRATA TITLED Block of 4 Units
Positioned on a level 656m2 block within easy access to local shopping complex, freeway access and Dapto Mall. This complex of 4 strata titled units offers a rare investment opportunity with existing leases in place and potential to further develop and renovate the units.
Having been owned by the same owners for 19 years this complex is a proven quality investment and would be a great addition to an existing portfolio or for those wanting to pursue a self managed superfund.
KEY PROPERTY FEATURES INCLUDE
• 3 x 1 bedroom and 1 x 2 bedroom STRATA TITLE UNITS (so you can sell them off individually in the future if you like)
• All units have current leases in place with some long term tenancies. Two of the 4 tenants having leased their units for nearly 22 years & 8 years.
• Current combined rental income of $1,200pw ($62,400pa)
• Additional opportunity to increase return through renovations and unit upgrades.
• Located close to local shopping complex, parklands, freeway, golf course, and short walk to Dapto CBD and train station.
• Situated on a level 656sqm block with 189m2 of unit living.
For further details please contact Tracey McDonald on 0404 033 533 or Cliff McGrath on 0419 123 701
Agents
Nearby Schools
About brownsville
median house price
410000median house rent
400suburb rental yield
5.1%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
