High Yield Returns – Perfect Investment

59 Malpas Street, Guyra
$387,000 Sold!
Block Of Units
  • 8 Bedrooms
  • 4 Bathrooms
  • 4 Car spaces
  • 3167 sq metres

Description

What an amazing opportunity to secure this very attractive positively geared investment with outstanding returns, situated in a very convenient location, just a short walk to the main street, shops, schools and sporting locations ensuring you will always be confident of good occupancy.

The units have continuously had long term reliable tenants and are currently returning over 11% gross.

There are 4 units, each consisting of 2 large bedrooms with built-ins, large lounge area, kitchen and bathroom. Each unit has a single carport. Two of the units have been renovated in the last 10 years. There is the potential to renovate and further increase returns.

Tenants can walk to town with no need for a car.

Also included is a bonus 2000 m2 vacant block located at the rear of the property.

Inspection of this solid investment is a must at this price it will not last, call me today or you will miss out.

Features

Built-in Wardrobes