Block of Units For Sale - NSW - North Albury - 2640 - INVESTMENT OPPORTUNITY - FULL UNIT COMPLEX (Image 2)

1-4/929 Fairview Drive North Albury NSW 2640

For Sale $1,100,000

8 4 4

Property Type Block of Units
Land area approx 917sqm
Region Murray
Locality Albury
Carports 4

Tags: Lease

INVESTMENT OPPORTUNITY - FULL UNIT COMPLEX

PRD Albury-Wodonga proudly presents 929 Fairview Drive - a complex of four, strata titled units offering a gross return of 5.0%.

The complex offers:

- 4 x two bedroom units / flats on individual Strata Titles to be sold as a whole.
- Built-in robes to all bedrooms.
- Open plan lounge areas.
- Kitchens with electric cooking.
- Reverse cycle split system heating / cooling units.
- Combined bathroom / laundry.
- Single carports and attached storage sheds.
- All four units currently tenanted. Details below:

U1 - Rent $250 per week on a periodic tenancy.
U2 - Rent $240 per week on a periodic tenancy.
U3 - Rent $280 per week on a periodic tenancy.
U4 - Rent $295 per week on a fixed lease until February 2026.

The photos presented display Unit 4 prior to current letting. Further photos/videos can be shared with interested parties.

Council Rates: $972.05 approximate per annum, per unit.
Water Rates: $953.67 approximate per annum, per unit, plus consumption.