Block of Units For Sale - NSW - Quirindi - 2343 - Unique Investment Opportunity! Motivated Vendors! (Image 2)

28 Allnutt Street Quirindi NSW 2343

For Sale $ 899,000 Market Price Update

10 5 5

Property Type Block of Units
Land area approx 1012sqm
Region Northern Inland
Locality Liverpool Plains
Carports 5
Toilets 5

Tags: Income

Unique Investment Opportunity! Motivated Vendors!

Nestled in a prime location, this block of 5 residential units offers an incredible investment opportunity rarely seen in the area. Located in the heart of Quirindi, these units are within walking distance to schools, public transportation, shops, medical facilities, and local parks.

The property currently has excellent long term tenants that are all in fixed term leases. Current rent achieved per week $1290 with a rent yield of 7.5%. The rental income is due to increase in October 2024 to $1370 per week, increasing the rent yield to 7.9%.

Each Unit Offers
• 2 Bedrooms, open plan kitchen and living areas
• Updated kitchens with modern appliances
• Combined bathroom/laundry
• Off-street parking for all units
• Hardwood floors throughout
• Reverse cycle air conditioning
• Private access for each unit
• Paved common area with covered area & clotheslines at the rear of the property

Don't miss this exceptional investment opportunity.

For further information please contact Louise McGilchrist 0447 463041 or Luke Scanlon 0419 495147, Ray White Quirindi 02 67461270 or visit our website at www.raywhitequirindi.com.au