20 Bulolo Street, Ashmont presents an exceptional opportunity to secure a block of 5 x 2 bedroom units offered for sale on one title. The development is of brick construction and sits on a large allotment of 1364m2. It is superbly located only a short walk to shopping, schools, public transport and is an easy 9 minute drive to Wagga's CBD. All units are generous in size and boast two large bedrooms, spacious living area, internal laundry, reverse cycle heating & cooling, private courtyard and carport. One unit has been recently updated and boasts a new kitchen and updated paint and carpet. The development also provides for visitor car parking spaces. Currently 100% occupied with most residents being long term tenants, the property has the ability to achieve $64,480 yield per annum in the current rental market with impressive scope to refurbish to increase annual yield and capital growth. Ideal for superannuation funds, investors and developers, this property presents a rare chance to acquire a solid investment, one which is sure to provide financial growth and stability for the future. * Information Memorandum available upon request. Rates: $6,199.35 p.a.