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Real Estate Australia
FOUR UNITS. ONE OUTSTANDING INVESTMENT OPPORTUNITY.
$1,695,000
Click here to see the floorplans
Property Location: 16 Werambie Street TOORMINA - COFFS HARBOUR - NSW Listing Id: Werambie_St_16
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Details
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Bedrooms: 8
Bathrooms: 4
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Land |
Size: 898 Square Mtr Approx
Rates: $10,265
Zoning: R3 - Medium Density Residential
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Comments:
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Rental Return: $91,780
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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: $91,780pa (approx.)
Gross approximate yield 5.3%
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.)
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FOUR UNITS. ONE OUTSTANDING INVESTMENT OPPORTUNITY.
$1,695,000
Contact The Edge Coffs Harbour Today!!! Contact Tim Milligan
Phone 0408 142 944
Property ID:Werambie_St_16
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