Due to the superb Milson location the vendors of these two x two bedroom flats have always had strong interest from tenants with a good overall occupancy rate. Both flats share a common wall, are on the same title and are insulated both underfloor and in the ceiling, something that is a rare find in a price range like this. The dwelling sits at the rear of the section which offers a substantial portion of unused land that may have subdivision potential. This in mind we suggest speaking to the local council prior to purchasing. Both flats are tidy inside and out, each with their own heat-pump and have their own private side of the 789m2 section. Both are currently tenanted for $240 per week each on a periodic tenancy = $480 per week income. If you are doing the sums at $330,000 this is a 7.5% gross yield.
* Two x Two bedroom flats on the same title
* Each flat comes with a heat-pump
* Total rates for both - PNCC $3445.22 & Horizons $327.75
* A great location in Milson on a good sized 789m2 section
Please call Lee Vertongen for a private viewing on 0274557222