Centrally located just moments from the town centre, local schools and parklands, this property is bursting with potential. Whether you’re an investor or developer, 58 Bromfield Street is a must-see.
Currently, the property is home to three apartments; two 1-bedroom apartments and one 2-bedroom apartment. Each enjoys built-in robes, floating floorboards, reverse-cycle heating and cooling, open-plan living and a neat and tidy kitchen.
All three units are currently tenanted for a total of $625 per week making this property an ideal investment opportunity for those seeking a low-maintenance, ready-to-go addition to their property portfolio.
Alternatively, developers might want to take advantage of the property’s great location and 961sqm land size by creating a new development or adding on to existing (subject to council approval).
Residents will love the easy-access to a great range of retail and dining options, major services, local parks and the Griffith High School, which is only moments away, with the added bonus of throwing in a line in the canal directly across the road.
Current rental income:
Unit 1 – $200.00 per week
Unit 2 – $185.00 per week
Unit 3 – $248.00 per week
With a return offering just shy of 10%, this is sure not to last long – Call Luke Papandrea for your inspection today!
