206 Alexandra Street, EAST ALBURY
Investment Opportunity
10
7
7
Description
Introducing an exceptional investment opportunity in the heart of East Albury! Presenting 1-7/206 Alexandra Street, a well maintained block of seven units all under one title, offering the perfect addition to your property portfolio. Designed for the discerning investor seeking a hassle-free, set-and-forget investment, this property promises not only immediate returns but also the potential for future growth.
Nestled in the highly sought-after East Albury locale, this block boasts full occupancy, ensuring a steady stream of rental income from day one. With a strategic layout comprising four one-bedroom units and three two-bedroom units, each residence offers open plan living areas, fully equipped kitchens, heating and cooling options, and combined bathroom laundry facilities.
Adding to the appeal, every unit is accompanied by a dedicated carport and lock-up storage facility, providing tenants with added convenience and security. Furthermore, the property's proximity to essential amenities such as sporting grounds, public transportation, the East Albury IGA, and the Albury Base Hospital ensures high tenant demand and minimal vacancy periods.
For investors with a keen eye for opportunity, there's the potential to further enhance rental yields by increasing rents over time and even exploring the option of adding an additional unit at the rear of the complex (subject to council approval).
For a comprehensive breakdown of rental incomes and to arrange private viewings, don't hesitate to contact the agent Nicholas Clark directly at 0439 215 293. Don't miss out on this rare chance to secure a solid investment in one of Albury's most desirable locations!
