Looking for a multi tenancy investment opportunity? With a combined rental return near 7% with a solid rental history, this circa 1925 home has been divided into three separate units and is situated in popular Invermay.
Located within walking distance to two primary schools and half way between the current two campuses of the University and yet only a few minutes’ drive to the CBD.
The property comprises of 2 two bedroom units and 1 one bedroom unit plus sleep-out. Whilst the configurations differ, all have large living rooms and high ceilings, providing a spacious feel to each unit.
Sitting on a large 971m2 block, there is also a single carport and off street parking for a further three vehicles.
This could be the perfect investment property to add to or maybe kick start your portfolio. Call me today to arrange a viewing.