Heritage Inner City Investment - 3 Apartments - 7.78% Gross Return (approx.)

Situated on High Street, very accessible to the CBD, this charming heritage property is a quality opportunity for those investors seeking strong returns, while equally offering an opportunity for those who see benefit in a 'Home & Income' type property (pending current lease terms, etc.). Further, parents of our vibrant student community should take notice.

________________

Apartment A - A compact 1 double bedroom, 1 bath, 1 living apartment - currently rented for $480 per week.

Apartment B - A compact 1 double bedroom, 1 bath, 1 living apartment - currently rented for $490 per week.

Apartment C - 'The Jewel in the Crown' - is a well appointed 3 bedroom, 2 bathroom, 2 living area apartment. The ground level offers a living/dining/kitchen area - full of character with exposed brick. Also on this level, are a converted ex garage offering a good storage room, and bath & laundry facilities. Up the beautiful wooden stair case, are an additional living area (which may also suit as a bedroom), a further three bedrooms, a bathroom, and access to the balcony overlooking the street. This is currently rented for $900 per week.

The property has been very well maintained, the vast majority of the windows throughout are double glazed, so inspection will impress.

Independent Building Reports & Electrical Reports, by reputable professional companies, are available for qualified parties to view.

Currently generating $1,870 per week - representing an approx. 7.78% gross return.

Inspections strictly by appointment only. Contact the nominated brokers for more information.