18 Queen Street

Block of 4 apartments for sale in one line ideal investment prospect

Ideal for the investor seeking a low-maintenance portfolio addition, this block of four apartments is offered for sale in one line. All on one title, these well-presented two bedroom apartments offer a steady income stream with potential for future strata subdivision and a minor cosmetic update to add value. With a sought-after address walking to Ashfield station, retail hub and aquatic centre, it offers a solid investment prospect with excellent capital growth.

Features:

* Each with 2 double bedrooms, 1 bath, living room with balcony & good sized kitchen with laundry
* Only two apartments per floor, wrapped in windows on three sides with one common wall
* All currently leased, current yields approx $63,000 per annum with potential to improve
* All apartments with a lock-up garage on title, strong rental demand & low-maintenance
* Stroll to recreational parkland & express city transport, mins to Norton Street restaurants

Precautions have been taken to establish accuracy of the information but it does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.