Address available on request

Put your money into 'extremely' solid real estate, just like this owner has done for the last 20yrs... And just focus on selecting good paying, long term tenants, and collect the rent.

Indeed one of the tenants has been here for 21years! And 2 others over 4yrs and 8yrs...

But why wouldn't the tenants stay, the units are clean and tidy and offer garaging and best of all they are located in the centre of town were one can literally 'walk everywhere'.

I commend the owner on the fastidious upkeep of the building and yard: wiring updated, plumbing updated, fresh paint, aluminum guttering, fresh carpet in some, neat yard and general cleanliness and tidiness.

The building itself can't be surpassed for strength, soundness and low maintenance - double brick and tiled, you can't get much better.

"They are nice units, nice sunlight, breeze, built-ins and size. Plus, the garages are a great feature tenants love having".

The current owner's strategy has been to keep the rent low and keep the tenants in and minimize vacancy rates - which has proven highly successful for the last 20yrs. The current owner has self-managed the units herself, finds it very easy to find tenants and saves on management fees too.

Current rents are: 3 units at $195/wk and 1 unit at $210/wk.

However, the Rental Potential is $220-$240/wk.

Council Outgoings are approximately $6,500/pa.

The math: 6.9% - $7.7%

Call us anytime/anyday to inspect.