3 x 2 bedroom Villas all on one title!

Description
Address
Details
Features

Description

3 x 2 Bedroom villa’s on offer for Sale
Brick & Tile Construction – Built 2002
Combined Rent per month: $4453.87
Combined Rent per annum: $53,446.44

Outgoings:
Water Rates: Approx: $2300 per annum (Usage paid in full by tenant)
Council Rates: $3203.12 per annum
Building Insurance: $1,320.52
Common Area Lighting: $380
Yard Maintenance: $400
Total: $7603.64 per annum
Option to strata Individually (STCA)

Lease:
Currently leased to long term tenant (housing) with option to renew for additional 3 years
Rent review included in tenancies: $5 per unit/ per week increase on lease anniversary

Unit Layout/ Condition

Unit 1 – Original condition as built back in 2002 (94.27sqm)
Unit 2 – Refurbished in Feb 2018 – Retro Fitted for limited mobility client (100.56 sqm)
Unit 3 – Refurbished in Oct 2018 – Limited mobility / adaptable unit/ mods made to suit disabled tenant which is currently housed (94.15sqm)
Total Land size: Approx: 800 sqm

Suitable for a long term buy and hold investor etc

Inspections by strict appointment only

For further information / should you have any further interest, then please contact Simon Viglino on 0404 525 373