Exceptional Investment Property with High Returns Auction

1-6 / 379 Tarakan Avenue, North Albury
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Block Of Units
  • Bedrooms 9
  • Bathrooms 6
  • Car Spaces 5
  • Land Size 1043 Square metres

Description

FOR SALE NOW OR BY AUCTION

• A rare opportunity to purchase a high-quality positive income investment property, offering excellent returns and potential for growth as well as the opportunity to further improve and increase rental and capital returns.

• Comprising of 3 x 2 bedroom and 3 x 1bedroom units fully let, currently returning $56,680 with scope to increase.

• An additional unique feature of this property is the second street frontage at Waugh Road that provides the flexibility of street frontages at both the front and rear ends of the property.

• Currently held on a single Torrens Title also offering the potential for future strata title subdivision (STCA) this property is also suitable for those wishing to invest through a tax efficient superannuation fund vehicle as well as for those wishing to secure a steady and reliable pre-retirement or post-retirement income stream.

• Each unit features split system heating and cooling, built-in-robes, open plan living, laundry with shower and separate toilet, plus a single carport for each unit (excluding unit 6).

• Ideally located between North Albury and Lavington business/shopping districts and only a short distance to the Hume freeway entrance/exit, allowing for easy accessibility to shopping centres and transport routes

• Add this one to your shortlist. A unique residential investment with both income and capital growth potential. Invest in Albury/Wodonga – Australia’s greatest inland city on the banks of the Murray River strategically located in the heart of south eastern Australia on the Melbourne/Sydney/Adelaide/Canberra triangle.

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Heating & Cooling

  • Air Conditioning
  • Split-System Air Conditioning
  • Split-System Heating

Indoor Features

  • Built-in Wardrobes

Location