1 - 5/11 Townsend Street, Kennington VIC 3550

Located on the city's edge sits this low maintenance unit complex that is great for investors. Consisting of five renovated units on separate strata titles and all units are currently leased to good tenants with a total return of approx. $53,000 per annum.

Each unit features two bedrooms with built in robes, gas heated dining / living room and galley styled kitchen with ample cupboards and gas cooking. Upgraded combined bathroom / laundry includes shower, vanity and separate toilet. Each unit has a private rear courtyard and carport.

Walking distance to all amenities and a bus stop to the front. Buy the lot - the price, position and rental return will be hard to beat.