1,3,5 & 7 Palmerston Street, Ararat VIC 3377

What an opportunity to invest in bricks & mortar with this modern unit complex, located in the centre of town, opposite Alexandra Lake & Gardens.

Add to your investment portfolio or Super fund with this proven rental performing unit complex comprising 4 units, all separately titled and fully leased!!

All 4 units have 2 good size bedrooms with built-in robes, 1 bathroom, split system, electric cooking, gas hot water, single carport, outdoor paved area and easy gardens.

Three of the 4 units have had their kitchens and bathrooms updated and are well maintained, making these a low maintenance, worry free investment option!

All 4 units are currently leased to long term tenants which is peace of mind for buyers & strong returns from settlement day. Currently returning $42,900 gross, the current market for each unit would be $250 p/w per unit which would increase the returns to approximately $52,000 per year.