Whole block of cavity brick units plus DA & BA for 3 more
Positioned in a handy location with long term tenants is this whole block of 4 x 2 bedroom brick units. 3 of the 4 tenants have been living here for 10 years or longer.
All units are in good condition and the downstairs units have polished hardwood floors and the upstairs units are carpeted over concrete. The upstairs 2 units also have balconies.
The units market return is $1,140 per week.
There is development approval to put 3 more units in the backyard. Detailed plans available upon request. This DA can stay in place for 10 years so you could just hold this – You do not need to go ahead and start building immediately.
Short walk to schools, shops, parks, bus and rail.
