2-10/106 Nursery Road, Phillipstown
For definite sale here is a block of 9 x one-bedroom flats all on separate titles and each with a carport. The flats are fully tenanted and return approximately $70,000 per annum. They will be auctioned as one block on 1027sqm land.
The property is located on the fringe of the central city in an area that is experiencing rapid growth and redevelopment. Tidily presented these flats still offer some immediate potential for enhancement by redecorating, and potential also to sell off individual flats.
The current owner's circumstances have changed and they are motivated to meet the market on auction day.
Auction to be held at Clearwater Resort.