1-2/92 & 94A Coronation Avenue, Glen Innes NSW 2370

Character weatherboard duplex on one title. Existing 10% + gross return with positive cash flow from Day One. 1 X 1 bed & 1 studio flats currently returning $325per week gross. Strong demand for affordable rentals and property has always enjoyed high occupancy levels. Investors can opt to renovate to increase returns or leave in current condition and continue renting ‘as is’. Flats are separately metered ie water, power and gas (unit 1) and both bathrooms have been updated. Plus vacant residential block of land 471 m2 approx.

Unit 1
Separate bedroom with bathroom ensuite (& laundry in bathroom)
Lounge
Basic kitchen with freestanding electric stove
Sliding glass door out to rear yard
Small garden shed

Unit 2
Studio unit
Open plan kitchen, lounge, dining
Internal laundry
Large covered back deck out to rear yard
Clothes line

Opportunities for this level of investment return are rare. Call today.