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A rare opportunity to secure a well-maintained, high-demand investment in a stellar location currently returning $81,640.00 gross per annum. Fastidiously maintained by the current owners, this block of four generous one-bedroom units offers immediate returns and long-term security.
Built to last with dependable concrete block and timber construction, these units have been continually updated, including new weatherboards, double glazed windows and insulation on the south, east and west-facing walls in 2024. Each unit boasts a spacious double bedroom, and the property features off-street parking for four cars plus four secure single garages-a rare bonus in this prime location.
High occupancy, strong returns, and an unbeatable address. Just minutes from Edgeware Village, Merivale Mall, and the CBD via nearby cycleways, this sought-after location ensures these units are never vacant. This is an absolute Blue Chip investment and with interest rates dropping and house prices sure to rise over time astute buyers should seize this opportunity now.