13 Dooen Road, Horsham VIC 3400

Investment opportunity with a gross return of approx. $84,760.00 per year. ( 8.83% Gross Return )
These weatherboard/cement block construction units are located in a prime position in the popular Dooen Road Area, close to the Hospital, Churches, CBD area and Dooen Rd convenience store.
The units have a single carport parking space , refrigerated cooling, gas heating and electric upright cookers.
Several units have had a fresh coat of paint, new floor coverings/ Curtains, updated stoves and new air conditioners.
All units are very sound & generally in VGC with regular maintenance done. Some units would benefit from a coat of paint externally, and will only add to the value and appeal. The opportunity exists for a new owner should they wish to renovate the units one at a time to achieve higher rental returns and provide some possible tax deductions.
The title is one block of approx. 3180 m2.
All units have their own electricity & mains gas meters.
Council rates are $955 per unit.
Water/Sewerage rates approx $920 per unit.
The units have regularly maintained a 100% occupancy rate.
Blocks of units of this size are rare, if you are interested please call for further information.