$3,750,0000
Block Of Units
Statement of Information
Floorplan
Due Diligence Checklist
Request Section 32
High Yield with scope for further improvement
"Windsor Court" provides a unique opportunity to acquire a residential investment with a fantistic rental return and strong future prospects for development.
The improvements on the land comprise a 2-storey block of 8x2 bedroom residential apartments all on one title. All of the units have been renovated in recent years to make sure they are ready to rent with 7 out of the 8 currently leased. All apartments are fully furnished to maximise yield.
The title shows an excellent frontage to Hotham Street of 14m (approx.) by a depth of 41M (approx.) Total area 590m2 (approx.).
The apartments are of a generous size each 60m2 internally (approx).
Off street parking is available at the rear of the building off Gourlay Street.
for the 2023-24 year the rental return was $255,099.
If you have any further interest or would like to inspect the building let me know and I can arrange an inspection for you.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
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