84-86 George Street Millicent, SA 5280
RLA 276444

7 Fifth Street, Millicent

Hot deal for investors

Block Of Units

6 bedrooms
4 bathrooms
4 car spaces
1022 m2
Sold!
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Description

How is a fantastic opportunity for those looking to get into the Investment properties with a solid return and secure long term tenants
A huge attraction for tenants is the property's location right with the central township and close walking proximity to the main street
Block of 4 units - Brick and tile under one roof and one title

Return is $485.00 per week - approx. 8% return rental yield

Units consist of:
Unit 1 - 2 carpeted bedrooms with built ins, Kitchen/Dining/Lounge all in one. Leased to Jan 2017 @$120 per week
Unit 2 - 2 carpeted bedrooms with built ins. Kitchen/dining/lounge all in one. Leased to Jan 2017 @$ 130 per week
Unit 3 - 1 bedroom with built ins , lounge /dining & kitchen area. Leased to March 2017 @ $110 per week
Unit 4 - 1 bedroom, Slow combustion fire, R/C leased to June 2017 @ $125 per week

All have Electric stove, laundry washing taps in bathrooms and direct out front clotheslines
4 Carports under one long carport at the front of property
Quiet residential area close to swimming lake, primary school
Neatly presented maintained garden/lawns
Quiet area of town, 1022m2 sized allotment on one Certificate of title
*NO Pets have been allowed in these units under lease conditions

Property Location