90 -92 Arthur Street Wellington - $420,000
Positively Geared Newly Renovated Flats
$420,000 (9.6% return, $40,560 per annum)
A positively geared investment with an upside to add to your portfolio...
This property is located in the central NSW and contains 3 recently renovated flats that are currently rented - returning $780 per week ($40,560 per annum) try getting that from your banks! They have a shared back yard with rear lane access which is plenty of room for 3 vehicles. This property has consistently commanded a premium rental return for its location.
Positioned in the town CBD hub, it is a very close walking distance to all amenities including McDonald's, Woolworths, Coles, hotels, restaurants, medical centre, all downtown shopping, a bus stop, and a train station.
Each of the flats has recently been updated with new paint, floor coverings, kitchens, bathrooms, laundry, air-conditioning, appliances, etc. They are well-appointed with trendy furnishings and décor. They are being sold fully furnished and fitted out with tenant ready with all standard 'walk-in' style inclusions except linen.