This block of three apartments and two commercial shopfronts invites a rare opportunity in central Waratah. A smart investment with plenty of pluses and a potential weekly return of approx $1,230, the apartments are in good repair with quality tenants and offering off Street parking. One shopfront has a long term tenant with a recently renewed lease. Located amongst a cluster of shops and cafes with good street appeal, this is a central site close to transport and approx 15 minutes from the CBD.
* Brick built block with a mix of commercial and residential dwellings.
* Two shopfronts, one with a long term lease.
* Apartments are comprised of 1 X 2 bedroom and 2 X 1 bedroom homes.
* Each apartment is neat and tidy with private laundry facilities.
* Open living, full kitchens with good storage, built in robes, full bathrooms.
* Private balconies to two homes, off Street parking to the rear.
* Set and forget investment option with nothing needed to spend.
Council Rates: $2,900 PA approx
Water Rates: $2,038 + Usage PA approx
Rental Potential: $1,230 PW approx