3 Carinya Street, Queanbeyan NSW 2620

Elders Queanbeyan - Jerrabomberra - Googong is delighted to present for sale this rare opportunity to secure a complex of 7 units.

Located in a prime location only 2 blocks from Riverside Plaza and extremely close by to the Queanbeyan River.

Neat double storey complex on single title comprising of 6 x 2 bedroom units and 1 x bed sitter along with shared laundry facilities, 2 x store rooms and car space/carports.

All units occupied by long term tenants and all but one lease are held with a NSW Government Department.

Level parcel of land comprising 1,403m in total with potential for future strata subdivision an option, subject to Q.P.R.C approval.

Unit 1 - 2 bedroom leased at $1,260 per month
Unit 2 - 2 bedroom leased at $1,238 per month
Unit 3 - 2 bedroom leased at $1,238 per month
Unit 4 - 2 bedroom leased at $285 per week
Unit 5 - 2 bedroom leased at $1,238 per month
Unit 6 - 2 bedroom leased at $1,238 per month
Unit 7 - Bedsitter leased at $150 per week

Gross annual rental income $97,164
Estimated annual expenses $17,066
Estimated nett annual income $80,098

NO BODY CORPORATE FEES

Excellent nett yield!

Ideal for Self Managed Super Fund or astute investor.