11A Ure Street

11A Ure street is a unique investment opportunity that is not to be missed if you are looking for a residential complex with fantastic returns and options to take it to another level. Situated in a super convenient location on the lower South Hill of town, this property is just 500m from the historic precinct, harbour, numerous eating and drinking establishments and enjoys sea views from both units. This property is comprised of two separate two-bedroom units, one above the other, each filled with character and charm. Investors will love the income generating opportunity that 11a offers with a gross return on investment of approx. 7.5% making this one of the few residential properties that truly offers a return on capital. The prudent investor may also wish to develop the rear of this site for more accommodation options (subject to council approval) or upgrade the units and capitalize on the booming Air BnB accommodation sector. Either way this is a rare opportunity to secure a property such as this in a prime location, so take the next step now.

Buyer Enquiry Over $435,000