1-5/616 Hague Street, LAVINGTON

Description

A great opportunity for the astute investor to snare five low maintenance units, making for a set and forget investment. All units are occupied and return $150 per week, totalling $750 per week or $39,000 per annum (6.5% gross yield at purchase price). Currently on one title, the units also have the potential to be separately titled, allowing for a variety of options.

Well maintained, each unit comprises a lounge and dining area, well-appointed kitchens, segregated bedrooms and combined bathroom/laundry. All units feature reverse cycle heating and cooling, segregated rear yards and under cover car port as well as lock up storage.

Requiring minimal upkeep of common areas and a strong proven rental history, this is a sound investment for those looking to expand the portfolio.

Within walking distance to both primary and secondary schools, Springdale Heights Tavern and shopping complex, the properties are ideally positioned and sure to attract future tenants.
Call today to arrange an inspection.


Features:
Five units on one title
Minimal common areas, low maintenance
Well suited to those looking to start/ add to a self-managed super fund
Each unit rented at $150 per week
Combined rent at $750 per week ($39,000 per annum)
Council rates: $2,732 per annum approx.

Location

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