20 - 24 Hammond Street, Bellingen NSW 2454

Showing a great 6.6% return on the asking price, the two units are currently rented for a total of $560 per week.

Situated across the road from Bellingen Showground in Hammond Street, this large allotment, over three titles, provides you with a variety of options.

Currently, two units under one roof occupy two of the titles whilst the third title is a vacant block of land.

Rear lane access runs across all three blocks.

The property is conveniently located on the northern side of Bellingen and is only 650m to the Bellingen post office.

Unit 1 comprises one bedroom, one bathroom, kitchen and living area. It is currently rented for $260pw.

Unit 2 comprises two bedrooms, one bathroom, kitchen and living area. It is currently rented for $300pw.

Set over approximately 1,220m2, there is plenty of scope for you to further capitalise on your holding given that the two units occupy a small parcel of land at the front of the property.

Priced to sell, both investors and owner occupiers should take note and inspect this property at their earliest opportunity.

Call Peter Stone today for more information.



Convenient location
Investor special - 6.6% return
650 metres to town centre
Unit 1: 1 bedroom, 1 bathroom
Unit 2: 2 bedrooms, 1 bathroom
1,220m2 land size (approximately)
Huge rear yard with many options
Both units are currently leased.