2 Schilling Street, ANGASTON
A Truly Rare Offering
Add to favorites
Remove from favorites
Floor Plans
Description
Its not often that a property as unique and so full of potential as this block of 4 units in Angaston comes on the market. Currently disposed as four fixed residential rental units, the potential exists to convert them into short term holiday units subject to all necessary consents. Ideally located on the corner of Murray Street (main street) and Schilling Street of Angaston.
All units are tenanted and the combined annual rental on the complex is $45,240p.a., giving an approximate gross return of 6.96%.
A breakdown of rental and tenancy details as follows:
Unit 1:
$215 p.w.
Lease expiry 16/8/18
Unit 2:
$200 p.w.
Lease expiry 1/3/18
Unit 3:
$215 p.w.
Lease expiry 27/7/18
Unit 4:
$240 p.w.
Lease expiry 11/10/18
If you have been looking for an investment property with good returns, or a project to create a great income in the future, this could well be the property for you. Please refer to the R7 Information provided on the website.
