$305,000

6 Bed  •  4 Bath  •  4 Car  •  1022m²

Main view of Homely block of units listing, 7 Fifth Street, Millicent SA 5280
Second view of Homely block of units listing, 7 Fifth Street, Millicent SA 5280
Third view of Homely block of units listing, 7 Fifth Street, Millicent SA 5280
+8

Sold

7 Fifth Street, Millicent SA 5280

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$305,000

  • 6
  • 4
  • 4
  • 1022m²

Block of Units Sold on Mon 20 Feb, 2017

What's around Fifth Street

Block of Units description

“Hot deal for investors”

How is a fantastic opportunity for those looking to get into the Investment properties with a solid return and secure long term tenants
A huge attraction for tenants is the property's location right with the central township and close walking proximity to the main street
Block of 4 units - Brick and tile under one roof and one title

Return is $485.00 per week - approx. 8% return rental yield

Units consist of:
Unit 1 - 2 carpeted bedrooms with built ins, Kitchen/Dining/Lounge all in one. Leased to Jan 2017 @$120 per week
Unit 2 - 2 carpeted bedrooms with built ins. Kitchen/dining/lounge all in one. Leased to Jan 2017 @$ 130 per week
Unit 3 - 1 bedroom with built ins , lounge /dining & kitchen area. Leased to March 2017 @ $110 per week
Unit 4 - 1 bedroom, Slow combustion fire, R/C leased to June 2017 @ $125 per week

All have Electric stove, laundry washing taps in bathrooms and direct out front clotheslines
4 Carports under one long carport at the front of property
Quiet residential area close to swimming lake, primary school
Neatly presented maintained garden/lawns
Quiet area of town, 1022m2 sized allotment on one Certificate of title
*NO Pets have been allowed in these units under lease conditions

Property features

toilets

Toilets: 4

Other features

0

Land details

Area: 1022m²
Fourth view of Homely block of units listing, 7 Fifth Street, Millicent SA 5280View more
Fifth view of Homely block of units listing, 7 Fifth Street, Millicent SA 5280View more

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7 Fifth Street, Millicent SA 5280
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