36 Short Street, Portland

• BLOCK OF UNITS
• 1 bedroom
• 1 bathroom
• Approx 783 Square metres

Incredible Investment Opportunity

Investors! Looking for a small block of flats in a great area? - look no further!
An excellent opportunity to acquire a block of renovated 6 x single bedroom flats.
Some key points:

• Single title of 783m3 with strata subdivision potential
• Individual power meters, one water meter
• Cement block construction circa 1973
• 3 upstairs units, 3 downstairs units
• 6 New kitchens with new cooking appliances
• 6 New fully tiled bathrooms
• Open plan living area
• Upstairs units with balconies
• Freshly painted interiors with new carpets & new floors
• Plenty of room for off street parking
• Quiet established area of Portland close to shops
• Units currently vacant - expected rent $150-160/week/unit

Some further exterior repairs & clean up are required but potential gross return at this price is a whopping 10.6% !!
Call today for an immediate inspection!

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