1, 2 & 3/2 - 4 Norfolk Street, North Bendigo VIC 3550

A genuine opportunity to purchase a three-unit complex in a superb North Bendigo location. Walking distance to the new Bendigo Hospital, close to Lake Weeroona and the CBD of Bendigo. Being sold as a whole, all units are currently tenanted at $230pw and returning almost $36,000 per year. That's a yield of approximately 6% on your investment and represents an excellent opportunity for investors. There is great scope to improve and increase return, or just sit back and let the property do its thing with its positive cash-flow.
Two of the tenants are on a periodic lease (month to month), the other tenant is on a lease until August 2020.
All units comprise of;
• two bedrooms with built in robes
• open plan kitchen/dining/lounge space
• kitchen with gas stove and ample cabinetry
• bathroom with shower & vanity, separate toilet, laundry
• gas heating
• single carport with storage shed and a yard space
Unit 3 also has a split system for heating and cooling.
A Section 32 is available.
Contact Darren Waters on 0402 135 579 or [email protected] for more details or to book an inspection.
*Please note that internal photos are of unit 3.