This is an outstanding opportunity to enter the booming Deniliquin Investment market, and hit the ground running with a great, low maintenance block of four flats available, fully tenanted.
The property comprises:
* Four established, brick two bedroom flats
* Modern, electric renovated kitchens
* Three flats with split system air conditioning
* Bathrooms in fair condition, but dated. Potential to improve and increase yield
* Returning rents of $115-$120 per week with potential to increase over the coming months
* Common laundry with hot water service
* Excellent location – Always in rental demand being very close to Schooling, Clubs and CBD
* Deniliquin Council Rates approximately $3,200 per lot/annum
* Returning 8.5% Gross