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Feature Property


FOUR UNITS. ONE OUTSTANDING INVESTMENT OPPORTUNITY.
TOORMINA $1,750,000


 real estate


Real Estate Australia

Real Estate Australia

FOUR UNITS. ONE OUTSTANDING INVESTMENT OPPORTUNITY.
$1,750,000


Click here to see the floorplans



Property Location: 16 Werambie Street TOORMINA - COFFS HARBOUR - NSW

Listing Id: Werambie_St_16  

Details

Bedrooms: 8    Bathrooms: 4   

Land

Size: 898 Square Mtr Approx   Rates: $10,265   Zoning: R3 - Medium Density Residential  

Comments:

Rental Return: $91,780  

Description: An exceptional opportunity for savvy investors - acquire all four units within one well-positioned complex and secure a diversified residential income stream from day one.

Offering four separate 2-bedroom units, this tightly held investment provides the rare combination of multiple rental incomes, low vacancy risk through diversification, north-facing living, private outdoor spaces and car accommodation.

The numbers that matter:
4 x 2-bedroom units
4 x bathrooms with internal laundry & bathtub
4 x carports plus a additional visitors car space
No Strata
Combined rental income: $90,740pa (approx.)

FOUR UNITS - FOUR INCOME STREAMS
Unit 1 - Ground Floor
Neat and tidy, north-facing ground-floor unit featuring a private courtyard.
Current rent: $410pw

Unit 2 - Ground Floor
Well-positioned ground-floor unit with a sunroom and private north-facing courtyard.
Current rent: $450pw

Unit 3 - Top Floor
Neat and tidy top-floor residence enjoying a north-facing balcony.
Current rent: $435pw

Unit 4 - Top Floor
Freshly enhanced with a new kitchen and new paint, this top-floor unit also enjoys a north-facing balcony.
Current rent: $470pw

Combined rental income: $91,780pa (approx.)

Land Size: 898m2 (approx.) - Rates: $10,265pa (approx.)


FOUR UNITS. ONE OUTSTANDING INVESTMENT OPPORTUNITY.
$1,750,000


Contact The Edge Coffs Harbour Today!!!

Contact Tim Milligan
Phone 0408 142 944

Property ID:Werambie_St_16
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