1-7 / 70 Hurd Street, Portland
- BLOCK OF UNITS
- 9 bedrooms
- 7 bathrooms
- Approx 769 Square metres
Position, Potential Plus Income.......
Situated on a large block of approximately 770m2 located in the heart of Portland’s CBD adjoining the Woolworths and Target complex is this block of 7 units.
Constructed from brick, the building has 2 x 2 bedrooms units and 5 x 1-bedroom units (all leased) currently bringing in an excellent return of 7.3%.
The units are already great and bring in a fantastic return but with a little bit of work and moderns touches these units could potentially bring in a bigger return.
This is an amazing opportunity to invest in a prime location with great scope to either retain or renovate the property.
Estimated monthly repayments based on advertised price of $640000.
Interest Rate (p.a)