16 Kerr Street, Park Avenue

WHAT INVESTORS SEEK - Good return, brick, presentation, facilities, and excellent location.

This attractive lowset brick complex not only steps up to the mark, but note the rare size of this level allotment of 1,436m2 and on two titles.

There are 4 x 2 bedroom units with built in robes, fans, security screened, plenty of storage, open plan living dining with split system air conditioning. The covered vehicle accommodation has extra outdoor living room and unit 4 features 2 vehicle bays and very large extra external living areas which may be possible to enclose for a bigger unit.

Three of the kitchens have been refurbished to a very good standard and all units are very tidy with own laundry rooms.

It is a well sought after private Park Avenue location, close to shopping centres, primary and secondary schools, nursing homes, university and public transport.
Good tenants and leases in place, currently returning $1000 per week, near 7% return
Conservative investment as is, but fanastic future opportunities to improve yield due to building type and site, and area location.

Please contact Donna for more information.