- Price Guide: Sold
-
Contact Salesperson
- Bedrooms:
-
12
- Bathrooms:
-
6
- Car Spaces:
-
6
Details
Locals have eyed off this property for years with the dream of securing such solid returns and a piece of land that just get more and more valuable as the years tick by.
- A perfectly located 2,213sqm block only 300m to the shopping/services precinct of West Kempsey.
- Flood-free positioning.
- River views at the rear.
- Level street access from the front.
- 6x 2 bedroom DOUBLE BRICK units in great condition.
- Separate water meters, separate power meters.
- Low maintenance costs.
- Solid rental history.
- Returning approximately $75,000 per annum gross.
- Approximately $20,000 annual costs (including property management fees).
- Net return of approximately $55,000 at full price being approximately 6.1%.
- Note: one of the units at the back, with river views, is larger and was originally designed for owners retirement home where one could collect rent from the 5 other units and still live an easy stroll to doctors, library, shops and town services.
"This is an opportunity rarely seen!"
Ready, set, dial. Call any day, anytime.
- A perfectly located 2,213sqm block only 300m to the shopping/services precinct of West Kempsey.
- Flood-free positioning.
- River views at the rear.
- Level street access from the front.
- 6x 2 bedroom DOUBLE BRICK units in great condition.
- Separate water meters, separate power meters.
- Low maintenance costs.
- Solid rental history.
- Returning approximately $75,000 per annum gross.
- Approximately $20,000 annual costs (including property management fees).
- Net return of approximately $55,000 at full price being approximately 6.1%.
- Note: one of the units at the back, with river views, is larger and was originally designed for owners retirement home where one could collect rent from the 5 other units and still live an easy stroll to doctors, library, shops and town services.
"This is an opportunity rarely seen!"
Ready, set, dial. Call any day, anytime.
Property Details
Property Type
Residential
Residential
Property Category
Unit
Unit
Garages
0
0
Land Size
2213.0 Sqm
2213.0 Sqm
Inspection Times
By appointment
Contact Salespeople