“2 Units, 1,214m2, Attention Investors!”
These two older style units are located in North Bellingen, they're neat & tidy and have beautiful hardwood timber floors from their era. The 1 bedroom unit expected rental return is $260 per week and the 2 bedroom unit is currently rented at $300 per week, providing a 6.3% gross return on an investment of $460,000. With concrete block and weatherboard construction, they were built for minimum maintenance and are set on a 1,214m2 block. A convenient location just 100m to the supermarket, bottle shop & take-away food shop.
The units come with simple and functional kitchens offering electric cooktop, gas cooktop and electric ovens, with single stainless steel sinks. There are ceiling fans in the lounge rooms. Both bathrooms come with a tiled shower and toilet.
There is a shared laundry for the units. The block backs onto a rear lane, which is easy access for off-street parking. The generous block allows for plenty of room for veggie gardens.
There aren't many units on offer in Bellingen, so they are virtually never empty. Live in one and rent out the other, or rent both out! The option is yours.