25 Railway Parade, Taree NSW 2430

Return and opportunity are seldom found in the one property, but the iconic "Pink Palace" provides scope for both.
After 32 years the current owner is looking to liquidate her assets and this block of 4 x 2 bedroom units situated on over a 1000sqm lot boasts a potential gross return over $45,000/ annum.
There is definitely scope for renovation and future improvements can only add to the capacity for return and value of the property.
The ever increasing demand for lost cost rental accommodation in close proximity to services under pins the long term value of the investment, and the potential for redevelopment cannot be under estimated.
25 Railway Parade makes a great addition too or perfect place to start your investment portfolio.