Investment Properties
NSW - Cheap Block of Units
Cheap Block of 3 Units
3x2 bedroom brick flats, opportunity to capitalize. Currently returning $270/week. Potentially +$390/week. Main bedrooms huge, 2nd bedrooms large, all with builtins. Large living areas and electric kitchens. Separate bathroom and laundry. Private yards and carports. Flat 3 has gas points, lock up garage and garden shed. Jump in, don't miss out! These units should be able to be strata titled.
 Buy & Hold
 Development
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| Purchase Price: | $249,000 |
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| Gross Weekly Rental: | $270 appraised at $390pw |
| Council Rates: | $2,500 approx |
| Management Fees : | 8.8% |
| Gross Return: | 6% |
| City Population: | 11,000 |
| Individual resale 2 bedrooms: | $120,000 |
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