A Bluechip investment opportunity located within 900 meters of Albury CBD.
This unit complex comprises of ten (10), one (1) bedroom units and is situated on a large 1577m2 allotment and currently producing a $55,000 annual yield (approx.)
With its locality and size this block would be perfect for a multiple dwelling residential development or with some refurbishment would prove a great set and forget investment.
Zoning: R1 (general residential)
Rates: $5268.00 annually
Gross weekly income: $1,100
Agents’ remarks:
A rare opportunity for an astute investor/developer to purchase a large allotment with instant income on the edge of the Albury CBD. Perfect for a townhouse development (STCA).
Call for more information.
