Block of Units For Sale - VIC - Lakes Entrance - 3909 - Five 2 Bedroom Units In A Prime Coastal Town Returning $76,440 PA - That's 8% Return on Your Investment (Image 2)

4 Long Street Lakes Entrance VIC 3909

Statement of Information

For Sale $960,000 - $1,020,000

10 5 5

Property Type Block of Units
Land area approx 869sqm
Region Gippsland
Locality East Gippsland
Toilets 5
Uncovered Carspaces 5

Five 2 Bedroom Units In A Prime Coastal Town Returning $76,440 PA - That's 8% Return on Your Investment

This commercial property is a lucrative investment opportunity, featuring five two-bedroom units in a prime coastal location.

Details are as follows:

- Residential Zoned building - five two-bedroom units
- Great location only minutes into Lakes Entrance town centre
- 2 x Service Stations within walking distance for convenience

- Return on Your Investment is an impressive 8%, offering a high potential for profit

- Unit Layout: Each unit consists of two bedrooms, providing comfortable living spaces for tenants

- Tenant Situation: All units are separately metered and currently occupied
- Growth Potential: Opportunity for long-term appreciation in value due to location, rental income, and stable tenancy

This property presents a compelling investment opportunity with a high return on investment, strategic location, strong rental appeal, and the added benefit of all units being separately metered and occupied by reliable tenants.

Don't miss out on the chance to capitalise on this promising investment in a sought-after coastal setting.

Note: All units are tenanted therefore require a 48 hour notice of an inspection.

Contact Elders Lakes Entrance & Metung today and arrange your new investment opportunity 03 5155 3133