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99 Budge Street, Riversdale

Enquiries Over $749,000

Property Investment has its rewards

This rare investment property has become available for astute investors seeking to get themselves firmly on the property capital gains ladder and still get bank beating returns.
2 x 1 bedrooms and 2 x 2 bedroom units. 4 solid tenants on a mix of periodic and fixed terms rentals. On current rents buyers can expect a gross return starting in the 6% plus bracket. Sitting in a good location the units are low maintenance with dependable concrete floors, concrete block walls and aluminium windows. All units have been regularly maintained and are presented in good tidy condition. For the future there is room for a further 2 x 1 bedroom units to be built (subject to MDC approval).
A stellar investment opportunity awaits.