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This unit complex consists of 7 x 1 bedroom units, very spacious and all leased for $140 - $160pw. Current target market are single people or couples looking for budget accommodation in town. The current total income for this property is $1085pw or $56,420 pa. 6 units returning $150-160 pw are identical in size consisting of of a large lounge room with kitchen and laundry plus a separate bedroom with bathroom and additional office area or wardrobe and storage area. The 7th unit is a bed-sit returning $140 pw. There is a great opportunity to add value and increase revenue by upgrading the units to attract a higher rent. There is also an additional 490 sqm parcel of land attached to this block that lends itself for further development or subdivision. Call and chat to Lauren today about it. 0413 147 844.