If you're a first-time investor looking to build a robust portfolio, this property is an exceptional starting point.
Strategically located just off State Highway 2, this low-risk investment offers three distinct income streams, yielding over 7%. Opportunities like this, particularly in the under $1 million price range, are rare. Don't miss out!
Key highlights:
* Solid construction, primarily concrete block
* Purchase will below the building's replacement cost
* Excellent seismic rating of 70% NBS (New Building Standard)
* Spacious 2-bedroom apartment with a large garage-workshop
* Two self-contained workshops of 204 and 192 square metres
* 100% leased
* You will never be without an income - three income streams
* Option in the future to take over all or some units for your own use
* Net income approximately $64,864
* Self-funding
Beats residential - less management and higher yield.
This is a fantastic opportunity to secure a high-performing asset and establish a solid foundation for your portfolio.
Contact Kevin by phone or email today to receive a copy of the comprehensive investor pack and schedule your inspection.