64 McMahon Street, St Arnaud VIC 3478

AUD 610,000
For Sale

Property Details

Bedrooms

7

Bathrooms

7

Property Type

Block of Units

Description

Property Details: • Type: Block of Units

• Bedrooms: 7 • Bathrooms: 7

Description: Such an investment opportunity is rare in St Arnaud. Located metres from the main street are 4 brick units all currently tenanted. To be sold as a whole, the property includes 3 carports and 1 garage. Unit 1 - 2 bedrooms, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $250 per week. Unit 2 - 2 bedrooms, lounge/kitchen with split system and new electric stove and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 3 - 1 bedroom, lounge/kitchen with electric cooking and split system and bathroom/laundry with shower, vanity and toilet. Currently rented at $210 per week. Unit 4 - 2 bedrooms, lounge/kitchen with split system and new electric oven and bathroom/laundry with shower, vanity and toilet. Currently rented at $230 per week. Gross Rent $46,800 per annum. Gross Return 7.6%

Location

Address

64 McMahon Street, St Arnaud VIC 3478

City

St Arnaud

Features and Finishes

None

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