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Back to search Home Countries Unknown St Lucia 126 Seventh Avenue
AUD375,000
126 Seventh Avenue
St Lucia
6 beds 5 baths Partial

About this home

This 5-plex is in very good condition and features a unit mix of two 2-bedroom units, two 1-bedroom units, and one bachelor unit. Current monthly rents for the occupied units are $1,500, $950, $717.50, and $691.88. The basement 2-bed unit is currently vacant and requires renovations. Once renovated, it has the potential market rent of $1,500/month. This property offers a projected 10.09% Cap Rate. This return factors in the basement's potential income and accounts for an 8% property management fee, 5% vacancy allowance, and 5% for maintenance/repairs, alongside all annual taxes, insurance, and utilities.This property is being sold "as-is". Come and have a look!

Property facts

Property type
Partial
Bedrooms
6
Bathrooms
5
Days on market
109 days

Location

Approximate location · exact address shared on inquiry

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