$910,000

11 Anstey Street, Girards Hill, NSW 2480


GREAT INVESTMENT OPPORTUNITY

Investors take note! - A rare opportunity to purchase 5 x 2 bedroom brick and tile units in prime Girards Hill location set on a 1292m2 allotment. The position allows for walking distance to the city centre, Base Hospital, St Vincents Hospital, schools etc. Convenient cul de sac position, flood free and pleasant surrounds having a north aspect overlooking town.


The units all comprise of 2 bedrooms, built-in robes, open plan living, workable all electric kitchen, separate tiled bathroom and toilet with large linen and broom closet. Carpet and vinyl floor coverings throughout. All units have a lockup garage and laundry/ storage space.


Gross weekly return of $1,355 which yields 7.5% gross or approximately 5.5% nett per year. This is an attractive return for the outlay of $940,000, being the asking price. There is plenty of potential here to increase the rents even higher plus offering a popular and sought after location.

PROPERTY FEATURES

  • Built-ins

LOCAL SCHOOLS

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DEMOGRAPHICS

Population
Average Age
57% Owner
32% Vacancy Rate
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