REDCLIFFE FLATS- FANTASTIC RETURNS- LONG TERM TENANTS

Presenting a prime investment opportunity, three flats consisting of  2x 1 bedroom flats and 1x2 bedroom flat, a single bathroom, kitchen and living area in each with courtyard areas. 

They are in an ideal location within walking distance to the Victoria Avenue Shops,(popular with the locals, Bakery, newsagent, friendly grocer and more) Transport, and the potential is there to increase their returns with renovation/upgrades in the future. 

Flat 1: 2 bedrooms, combined dining and living area, bathroom and carport. Returning $235.00 per week.

Flat 2: 1 Bedroom, combined dining, living, bathroom, carport. Retuning $200.00 per week.

Flat 3: 1 Bedroom, combined dining, living, bathroom, own laundry. Returning $180.00 per week.

Yearly Return is $31,980 gross

Rates are approx. $1200 per quarter

Water is approx. $800 per quarter

Long term tenants here at 271 Victoria Avenue Redcliffe. Power is on separate metres and the flats sit on a corner block consisting of 602m2.

Don’t let this pass you buy and phone today to organise an inspection with Leisa Lowe.

 

4 3 3
Address 271 Victoria Ave
Price SOLD for $465,000
Property Type residential
Property ID 980
Category House
Land Area 602 m2

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Leisa Lowe

0438 801 298
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