45 Fitzgerald Sreet, Geraldton WA 6530
Sold for $430,000
Whole Unit Complex Up For Grabs
This centrally located unit complex with four two bedroom, one bath room units is your ideal investment opportunity. Located right in the Geraldton CBD this complex is walking distance to shops, schools, health facilities and local beaches.
Unit one is currently rented until the 22/6/19 and is returning $185 per week.
Unit two is currently rented until the 14/9/19 and is returning $220 per week.
Unit three is currently rented until the 30/6/19 and is returning $230 per week.
Unit four has recently become vacant and is advertised for $200 per week.
When all four units are tenanted this gives a total gross return of $43,420 per year making this investment very attractive. Each unit is also strata titled giving you the option in the future to sell each unit individually if you desire.
For more information or to arrange your private inspection of this property call Tim Welch at professionals Geraldton on 0438 510 321.
Property ID: 1038253