59 Malpas Street, Guyra NSW 2365

The mostly double brick constructed block of flats, generous land area, desirable address, high rental demand and proximity to the CBD all provide the necessary ingredients for a successful property investment opportunity. Strong capital growth in the years to come and excellent returns in the meantime are all but assured. This rare offering also features;

• Market rent of approx. $60,320 (full lease details available)
• Off-street parking via carports/sheds at the rear of the site
• New roof and access stairs
• Level 3,167m2 block
• Excellent access to CBD, medical and schools
• High rental demand assured due to the desirable location
• Approx 200m stroll to the CBD

There are 4 units, each consisting of 2 large bedrooms with built-ins, large lounge area, kitchen and bathroom. Each unit has a single carport. Tenants can walk to town with no need for a car. There is the potential to renovate and further increase returns.

Also included is a bonus 2000 m2 vacant block located at the rear of the property providing opportunity for further development.

Inspection of this solid investment is a must at this price it will not last, call me today or you will miss out.

Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.