50 Lockyer Street

For Sale $2,550,000


Property Dates and Times

Inspection Times

Property Features

Property ID: 3344986

Council Rates
$2409 per year
Water Rates
$3647 per year
Land Size
798.00 m2

Built In Robes
Outdoor Entertaining
Split System AirCon
Timber Floorboards

Block of 5 Units To Be Sold As One Lot

Five fully renovated single level garden villas to be sold in one line. With an impressive potential return of $8,500 per month (approx) this property would ideally suit a buyer seeking a medium to long term investment. Positioned close to schools, parks, The Junction and local beaches.

* 5 single level residential villas to be sold on one title.
* All units are 2 bedroom, newly renovated and ready to go.
* Brand new Evostone kitchens, gas cooking and dishwasher.
* Stylish fully tiled bathrooms, Internal laundries and A/C.
* Well maintained complex, undercover parking for each villa.
* Separately metered for water usage and electricity.
* Potential rental return of $8,500 per month (approx.)
* Generous depreciation allowances available to investors.
* Option to purchase all units as strata or single title.
* Ideal medium to long term investment opportunity.

Council Rates: $2,409 PA approx
Water Rates: $3,647 PA approx
Rent Potential: $8,500 PM approx