Multi Unit Investment with lease back 11%+ yield
Are you looking for a great investment, well look no further because we have the perfect block of units for you! These units are a great way to break in the the investment property market. Current vendors willing to lease back all units at $700p/w or $36,400p/a
This property features 2 titles 26 & 28 Valencia St. Would sell separately at $325,000 for 26 Valencia St & $40,000 for 28 Valencia St.
26 Valencia St features 7 Units These one bedroom, one bathroom units are fully furnished, which includes fridge, microwave, wardrobe, oven and bed. All units are also individually power metered and have there own hot water services.
Keep comfortable all year round with the recently installed split systems in every room.
With an appraised rental return of $120 per unit per week totalling $43,680 P/A this property shows some impressive returns.
28 Valencia St offers the neighbouring 835sqm block previous featuring 6 units and with council approval the opportunity to rebuild to the original 13 units.
Located close to Leeton’s CBD, including hospitals, pool, schools and local shopping centres.
Leeton continues to feature a very strong rental market with lots of work in the area and a large number of seasonal working moving in and out through the picking seasons.
Rarely does an opportunity like this pop up, so contact Andrew Pellow at QPL Real Estate today on 0488 226 135, to arrange your inspection.
Key Details
- Land size (approx.) 1670 m2
- Council rates Contact Agent