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Sold

5 Gail Place, East Lismore

SOLD for $825,000

8 4 4 1,070 m2

"Taylor" - 4 x 2 Bedroom Units... 5%+ Return!

This property is one for all smart investors, perfectly positioned in a good area, close to the university, private hospital, shopping centres and bowling club. A well cared for and maintained brick and tile building compromising of four x two bedroom units.

The current owner has enjoyed this property as a solid investment over the years and is selling to fund their retirement, easily rented and in an excellent condition. The kitchens have been renovated and new carpets along with some work to the bathrooms.

There is separate car accommodation for each unit. This is an excellent opportunity to secure a great investment property showing good returns. A lot of savvy investors are putting their money into sound property purchases, with a lack of rental properties available and nil vacancy investors can achieve premium rental returns.

Presently on one title, although this property could be strata titled to be sold separately in the future.

Rare as hen's teeth are opportunities like this one. Call agent Melanie Stewart on 0421 560 936 to arrange a viewing.

Details

Address 5 Gail Place, East Lismore
Price SOLD for $825,000
Property Type Residential
Property ID 427
Category Block Of Units
Land Area 1,070 m2

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Melanie Stewart

0421560936