Make no mistake, the vendors are motivated and want this sold.
What's better than owning a property with a solid yield?
Owning a dual income property with a solid yield of course!
62 Teviot Street is a multi unit dwelling made up of 1x 2 bedroom and 1x 1 bedroom units, both self contained with full kitchens and bathrooms and feature separate entrances and power meters. The conversion was done in the 70's and is fully consented.
Solid brick construction with mostly new double glazed aluminium windows and both units meeting the current Healthy Homes standards mean this would make a great addition to any investors portfolio.
Recent rent increases in line with market rates will have the 1 bedroom earning $265 per week and the 2 bedroom earning $325 per week. A total of $590 per week.
The cherry on top is the opportunity to add a minor dwelling to the rear of the section to increase the return (subject to council approval)
Call Adam today to make it yours.