Bordering William Nelson Park and across from Countdown supermarket in the heart of the CBD is this 6 unit investment property on a 1018sqm freehold section. The character villa was converted into 4 x 1 bedroom flats in 1956. Plus a further studio unit constructed in 1959 and a spacious standalone 2 bedroom unit at the rear. All insulated top and bottom. Under rented to long term tenants ($1196) who'd love to stay with room to modernise and bring in line with market rates. With a tidy up of the interiors, the combined rental assessment is $1970 - $2090pw. Owned by the same vendor for 40 years but it's now time for the next investor to bring into today and reap the rewards or land bank the 1018sqm section for future development. Do the sums - it's all about the potential returns.

CHATTELS  Drapes   |   Electric Stoves (6)   |   Fixed Floor Coverings   |   Heat Pump and Remote (1) Unit 6   |   Light Fittings