102 Kalandar Street Nowra NSW 2541
Sold
- Property Type Block of Units
- Land area approx 1796sqm
- Region South Coast
- Locality Shoalhaven
- Garages 6
Invest in a big return, big potential!
We are excited to present an exceptional investment opportunity exclusively tailored for discerning investors. This offering comprises a rare block of six full brick construction two-bedroom units, all under a single title. Here are the key highlights:
* Six Two-Bedroom Units Under One Title:
- This is a unique opportunity to acquire six low maintenance units all bundled under a single title. Such opportunities are rare and offer distinct advantages for investors.
* Spacious Layout:
- Each unit boasts a spacious layout with features like high raked ceilings, two bedrooms, a combined lounge and dining area, a fully equipped kitchen, a bathroom, and a dedicated laundry area. This layout ensures comfortable living for tenants and adds to the appeal of the property.
* Full Brick Construction:
- These units are constructed with full brick, ensuring durability and longevity. This robust construction reduces maintenance costs and enhances the property's overall value.
* Potential for Strata Subdivision:
- There is significant potential for strata subdivision, subject to obtaining the necessary approvals from the local council. This could unlock additional value and flexibility for future development or resale.
* Strong Rental Income:
- Currently, the property is appraised to yield a combined rental income of approximately $1,860.00 per week. This consistent rental income provides a solid foundation for your investment. A few of the tenants have been long term so the rents are currently below market rent
* Value-Adding Potential:
-Beyond the immediate rental income, there is potential for value addition, given the age and condition of the units. Investors with a vision for renovation or improvement can capitalize on this opportunity.
This exceptional investment offering encapsulates both the allure of a well-maintained property portfolio and the potential for lucrative returns. Whether you are an experienced investor looking to expand your portfolio or someone seeking a unique investment opportunity, this property warrants your attention.
For more information or to schedule an inspection, please contact:
- Jared Cochrane at 0404 210 824
- Josh Adams at 0435 739 560
Don't miss out on this rare opportunity to acquire a complete block of units with outstanding potential. Act now to secure your future in the world of real estate investment.
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