1-3/9 Memagong Street, Young NSW 2594

It's been quite some time since investors have witnessed an opportunity like this one.
3 x 2 bedrooms brick veneer units in one title, built circa 1984 on approx. 849.9sqm's.
Current gross rental income of $685pw/$35,620pa, generating a solid approx. 7.2% yield.
Unit 3 is larger & internally updated comparably, returning $255 weekly, expiring 12/2021.
Units 1 & 2 show their age and in need of TLC, mirrored plans, each rented at $215 weekly.
Unit 1 benefits from a new lease expiring 7/2022 and the lease on unit 2 recently expired.
Garage under roof to U3, freestanding double carport for U1/U2 and front car space to U2.
The property is being sold subject to existing tenancies and unable to be sold individually.