Lovely older style studio apartment block, comprising of 6 individual units.
Each unit has high ceilings providing a light filled space, fully furnished open plan with functional kitchenette, dining area, king bed and ample parking.
The location is excellent being close to amenities and town, this is a great opportunity for an astute investor looking for something with an existing R.O.I. at approx. 9% and previous rental return of $72,000 P.A. Ready for a quick cosmetic refurb to increase your rental return.