With a three-bedroom home plus three two-bedroom units all currently tenanted, this multiple dwelling zoned block presents a lucrative opportunity for the savvy investor. It is ideally located walking distance to the stunning Nightcliff foreshore, shops, cafes and Nightcliff Middle School.
— Main three-bedroom, one-bathroom home
— Three two-bedroom self-contained units
— Private bathrooms to all three ground-floor units
— All four dwellings are currently tenanted
— Main three bedroom house features open-plan living
— Fenced in-ground pool also to main home
— Large under-house entertaining area to main home
— Private paved courtyards to all three units
— Off-street parking for multiple cars
— Prime location walking distance to Nightcliff foreshore
Investors keep the current tenants in place to secure an immediate revenue stream, owner/occupiers live in the main house and rent out the three units for extra income, or renovate the entire property to create Airbnb accommodation in a sought-after coastal location walking distance to the stunning Nightcliff foreshore.
The three-bedroom main house features an open-plan living/dining area with floating timber floors, split-system air conditioning and a bright garden outlook.
The retro timber corner kitchen features a freestanding electric stove, and three good-sized bedrooms join the main bathroom with shower over bath.
A large paved under-house entertaining area overlooks the fenced in-ground pool and offers peaceful alfresco living in an established tropical garden setting.
Each of the three two-bedroom units are fully self contained with a kitchenette and bathroom, and all open to private paved courtyards at rear.
There is off-street parking for multiple vehicles on the large gate block, and lush established gardens provide plenty of privacy from the street and neighbours.
All four dwellings are to be sold together. Keep the tenants in place as an investment, or renovate to create an impressive family home with a large external guesthouse.
Act fast to secure this rare opportunity and organise an inspection today.
Water & Sewage: $900 per quarter
Council Rates: $5550 per annum
Year Built: 1997
Area Under Title: 946 square metres
Zoning: MD (Multiple Dwelling)
Status: TBC
Rental Estimate: TBC
Body Corporate: Self Managed
Vendors Conveyancer: Territory Conveyancing
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: None Found
Rental : House $460 p/w (lease exp 02/07/18)
Unit 1 $280 p/w (lease exp 18/07/18)
Unit 2 $250 p/w (lease exp 22/03/18)
Unit 3 $290 p/w (lease exp 04/02/18)
