153 Gisborne Street, Wellington, NSW 2820
Price: $350,000
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FIVE MODERN 2BR VILLAS
The Phone Code for this property is: 80265. Please quote this number when phoning or texting.
These 5 modern brick 2BR, aircon villas with lock up garages plus substantial on-site parking are contained on 3 titles.
Unit 1 & 2 are contained on one title so live in one and keep the other rented at 4450pw rising to $500pw in December, or keep both rented as an investment for $900pw rising to $1000pw soon. Available as a pair with a single set of rates only at $700,000
Unit 8 & 9 are also contained on one title so live in one and keep the other rented at 4450pw rising to $500pw in December, or keep both rented as an investment for $900pw rising to $1000pw soon. Available as a pair with a single set of rates only at $700,000
Unit 3 is contained on its single title to live in or keep rented as an investment for $450pw. Available as a single villa at $350,000
You could even buy the lot as a strategic investment for long term rental to local residents for $2,170 per week ($112,840 pa) rising to $2,350pw in December representing 6.5% gross return plus capital growth.
This spacious complex has good street appeal with wide driveway, plentiful onsite parking & gardens and is located close to the high school and hospital in a desirable part of the town.
All three freehold titles are under the highly preferred community title legislation, minimising cost and avoiding strata title dysfunction with annual fees of just $710pa each.
In addition, the combines holding is a controlling interest in the entire scheme of just 9 villas and so security of management.
Wellington's continuous growth over the last few years has resulted in both high rental demand, very low vacancy rates, and substantial capital growth.
The combination of building quality, age, location, complex size, income and capital growth makes the offering perfectly suited to home ownership plus sound investment for SMSFs etc.
Inspection is by appointment only and after buyers self- identify and qualify themselves as buyers ready to proceed to contract after satisfactory inspection.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
These 5 modern brick 2BR, aircon villas with lock up garages plus substantial on-site parking are contained on 3 titles.
Unit 1 & 2 are contained on one title so live in one and keep the other rented at 4450pw rising to $500pw in December, or keep both rented as an investment for $900pw rising to $1000pw soon. Available as a pair with a single set of rates only at $700,000
Unit 8 & 9 are also contained on one title so live in one and keep the other rented at 4450pw rising to $500pw in December, or keep both rented as an investment for $900pw rising to $1000pw soon. Available as a pair with a single set of rates only at $700,000
Unit 3 is contained on its single title to live in or keep rented as an investment for $450pw. Available as a single villa at $350,000
You could even buy the lot as a strategic investment for long term rental to local residents for $2,170 per week ($112,840 pa) rising to $2,350pw in December representing 6.5% gross return plus capital growth.
This spacious complex has good street appeal with wide driveway, plentiful onsite parking & gardens and is located close to the high school and hospital in a desirable part of the town.
All three freehold titles are under the highly preferred community title legislation, minimising cost and avoiding strata title dysfunction with annual fees of just $710pa each.
In addition, the combines holding is a controlling interest in the entire scheme of just 9 villas and so security of management.
Wellington's continuous growth over the last few years has resulted in both high rental demand, very low vacancy rates, and substantial capital growth.
The combination of building quality, age, location, complex size, income and capital growth makes the offering perfectly suited to home ownership plus sound investment for SMSFs etc.
Inspection is by appointment only and after buyers self- identify and qualify themselves as buyers ready to proceed to contract after satisfactory inspection.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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Phone or Text: 0488 847 018
Enter Phone Code: 80265
Enter Phone Code: 80265
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