This solid brick complex of seven flats is ideally located in a central Warwick location, set on a level 1,776sqm block and just a brief stroll to schools, parks, and shopping amenities.
It’s been maintained throughout, and all units are presented in great rental condition.
Currently fully leased and earning excellent returns. This property offers an outstanding prospect with future-proof investment rewards and represents a value-packed chanced to capitalise of a substantial income generating asset earning immediate cashflow. Opportunities include renovating and increasing rent yield, strata titling or as a development site.
– Seven x two-bedroom, one-bathroom flats, all with garages
– Fresh and brick interiors feature combined living and dining area
– Fully occupied with leases, strong rental area
– Outstanding growth and rental scope with solid annual returns
– Generating monthly gross income of $6140
– General yearly rates for complex $14,500 per annum