The absentee owner lost interest in this property a few years ago presenting an opportunity today for the new owner to do some DIY and add value.
The property comprises five self-contained units each on their own title.
Holding income of $39,388 with vacancies.
Plenty of opportunity with plenty of options!
For the entrepreneur – refurbish then sell the units off individually.
For the investor – refurbish, attract quality tenants then hold as a low-risk multi-tenancy investment.
Owner-occupier – move into the vacant units and as your business grows take over more units, or use the income to pay the mortgage.
Due to Covid, the tender closing date has now been deferred.
Tender closes 12:00pm Wednesday 22nd September 2021
Due Diligence Information
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