1 Melinda Grove, Lake Heights NSW 2502

Located on a corner block within walking distance to local schools, shops & transport this tidy block of 2 units makes an ideal investment. Both units feature 3 large bedrooms with bathrooms & separate toilets, large open plan living areas, reverse-cycle air-conditioning, timber floors throughout & lock up garages. Both units can be leased at $370 per week with further scope to increase your rental returns with minor renovations. An inspection is an absolute must as these properties are 'as rare as hens teeth.'

Rental Figures:
Unit 1 - Previously Leased for $370 per week
Unit 2 - Currently Leased for $370 per week

Areas:
Unit 1
Internal: 88m
External: 3m
Garage: 33m

Unit 2
Internal: 88m
External: 4m
Garage: 33m

Block Size: 596m

Outgoings:
Water Rates - $172.04 per quarter
Council Rates - $512.30 per quarter