25 Popran Street, Adamstown NSW 2289

With an impressive monthly return of $5,416 and a superb park side location, this block of 5 residential units would ideally suit an investor or developer. To be sold in one line this well maintained property has a solid rental history and is positioned close to schools, parks, shopping centres and local beaches.

* Auction on Site Saturday 5th March at 10.30am.
* 5 single level residential units to be sold on one title.
* Three x 2 bedrooms plus Two x 1 bedroom units.
* All units offer internal laundries and lock up garaging.
* Well maintained complex by long term owner.
* Each unit separately metered for water and electricity.
* Returning $65,000 PA with potential to increase further.
* Positioned opposite Adamstown park on 939m2 block.
* Potential subdivision or strata title option (STCA).
* Ideal medium to long term investment opportunity.
* Flexible terms with 56 day completion period.

Council Rates: $2,317 PA approx
Water Rates: $2,391 PA approx
Strata Levies: NIL
Excess Garbage: $1,162 PA approx
Current Return: $65,000 per annum

A building and pest inspection has been completed by Affordable Inspections and is available upon request.