Block of Units for sale
Unit 1-5/12 Victoria Street,
11 6 5
Long Term Tenants... Low Vacancy Rate.Currently configured as 5 x 2 bedroom and 1 x 1 bedroom this standard single title two level group of brick and tile units are located close the Port Adelaide CBD and enjoy a steady income for their owner.
The tenants are long term and the vacancy rates have been very low. With some internal refurbishment the rents could be improved to see the yields lifted. Courtyards could be allocated and individual titling could be an explored.
A sound real estate investment with uplift options built in.
Current Rents $62,290.00 pa
Council Rates pa $4,055.00
Water Rates $1,386.89
Insurance pa $828.55
Last updated: 08:18PM on Sep 16th 2017