This renovated complex comprising four units, offers an exciting opportunity to secure a high performing investment property in the highly sought after Old East Albury. Perched proudly on Alana Street, residents are spoilt for choice with close proximity to parks, local cafes, the Albury Base Hospital, and easy access to the Freeway and Albury CBD. This well-kept property embraces three one-bed units and one three-bedroom double storey unit, all of which have undergone renovations to ensure a luxe living experience for residents. The three one-bedroom units include open plan living, sleek modern kitchen, stylish bathroom and a spacious bedroom, fitted with an abundance of built in storage. Each unit is equipped with ceiling fans and air-conditioning system for additional comfort. Situated at the rear of the property, a three-bedroom two storey unit exudes refined urban charm. This unit features three spacious bedrooms, two modern bathrooms, large open kitchen and two separate dining and living spaces. A private courtyard provides a peaceful outdoor retreat, while the inclusion of a sauna adds an extra touch of luxury. To further enhance the appeal, a shaded balcony allows you to enjoy the stunning surroundings in comfort. Given the quality of this property and its prime position, it has an excellent occupancy rate and earns a total income of $70,980 per annum, representing a healthy gross return of 5%. Sitting on a generous 873sqm flat allotment, 382 Alana Street offers a unique opportunity for astute investors or those looking to enter the rental market. Additional Features: - Complex with 4 units - Three, one-bedroom units, and one three-bedroom unit - Currently tenanted with rental return of $1,365 per week - Four car parks - Quiet friendly locale
Email enquiry to Stean Nicholls - Albury
Properti ID: 147214128