This is an incredibly rare opportunity to purchase a block of four units which have a combined monthly rental of $3360 representing a yield of six percent according to agent Kelly Reardon.
“It’s better than money in bank!” she said.
“These units are currently not strata title however there is the opportunity to be as they are already individually metered for water and power. But for now, it equals no body corporate to pay.”
Situated on a 1027sqm block in an avenue position not far from Warwick’s CBD the units are all two-bedroom and feature separate lounge areas, air-conditioning and a dine-in kitchen.
The bedrooms all have built-in wardrobes while the bathrooms have been refurbished and there is a good-sized garage with inside laundry as well as a private courtyard area.
“This represents incredible value and perfect opportunity for a very savvy investor to increase their portfolio,” Kelly said.
“It is the time to buy!”
