Investment in Blockhouse Bay, 3xunits Investment, separate, living, middle

leoZhu

Investment in Blockhouse Bay
Three One bedroom units on separate titles in Blockhouse Bay. Solid construction, these units are very tidy inside and big at 61sq.m each. Current rents are 2 @ $220/wk and the middle unit at $210/wk has been living there for the last 10 years! This block can be improved by giving the driveway and grounds a make over. Quiet site and good neighbours. There is rental growth to be had, and the vendor is serious about selling at offers over $600,000. Well worth a look!

ARC Levy	3 x $118.44
Rates	3 X $866
Current insurance	Estimate $1000 per annum
All flats water metered?	T.B.C
CV	3 X $225,000
LV	3 X $160,000
VI	3 X $65,000
Construction
Exterior	Brick
Roof	T.B.C
Joinery	Timber
Other
Land Area	888m2 sq m
Parking	3 carparks
Levels	1
Position	R.O.W
Interior condition	very good
Exterior condition	Average
Age	1980's
Subsequent additions	No