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Southland - 12 Units
$4,340 per week - $225,680 p.a.
13.5 % Yield
Exceptional high-yield block in Southland delivering $4,340 per week across 12 units on a 2,023m² freehold site.
Returning 13.5% and approximately $1,200 per week positive cashflow after expenses *, this is a true set-and-forget income performer.
- $4,340 per week rental appraisal - $225,680 p.a.
- 13.5 % yield
- 6 x 1 Bedroom Units
- 6 x Studio Units
- All units tenanted for $320 - $350 per week
- 470 m2 Floor area
- 2,023 m2 Freehold Site
- Solid Brick Construction
- Off-Street Parking
- Some Units Have Been Renovated
- Healthy Homes Compliant
- Cashflow positive by $1,200 per week after all expenses *
Price by Negotiation
Rental: $4,340 per week rental - $225,680 p.a.
Gross Yield: 13.0 %
Building: 470 m2
Land: 2,023 m2
Bedrooms: 24
Bathrooms: 12
* figures to be used as guide only
* Subject to council approval
Please contact me if you’d like further info.
Shane Carruthers
021 182 6547
[email protected]
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