Block of 3 Units: $150k instant equity.

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Property Available Now

Rare opportunity……….Block of 3 units Only $550,000

Currently returning Approx. $44,000.00 with unit, 1 bed and returning $290.00, unit 2 is 2 bed,  has just been updated and it's stunning with potential to lease up to $340.00 per week and unit 3 is 1 bed and is returning $230.00 per week = 8% return annually

All 3 units have their own carport . CBD only a short drive away, there will always be tenants wanting this location says agent.

Located in hi quality regional hub, near large metro city

Similar individual units are selling for. 2 bed units sold for $310k and 1 bed $200k

This confirms the listing at $550,000 is an entry-level opportunity below current trading levels, well below $600k per unit x3 $1.8mil  replacement cost, creating instant upside potential

This is deal is 50% below replacement cost. 

Proptrack has estimated value per unit at $300k each

Estimated value: $700K - $900k based on recent sales. $150 to  $250k under market value.

You could strata title the units and see individually for $300k each for a $350k profit.

Recent sales and property value.

Proptrack estimated value

$300K to $350k per unit

Total Infrastructure Pipeline

(Location hidden) has identified more than $2.2 billion worth of infrastructure projects across:

Health

Logistics

Freight

Roads

Water

Housing growth

Community infrastructure

For a regional city of around 70,000 people, this is a very substantial pipeline and one reason many investors see (location hidden) as one of Victoria's stronger long-term regional growth center's.

Benefits:

50% below replacement cost

$150k  - $250k under market value

8% Rental yield

 $6k to $11k Cashflow positive property

You could strata title the units and sell individually for $300k each. $350k profit.

High growth regional Centre set for future growth.

2.2 billion infrastructure projects

Unit 1 renovated. Small reno to the other units will increase rental yields.

Won’t last long, act now to access this prime property for your portfolio.

Call Michael 0438860045

Cash Flow