Sold for $1,305,000
Sold for $1,305,0001-8, 19 Contingent Street, Trafalgar VIC 3824
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Property was sold on 11 May 2022.
Sold on 11 May 2022.
12 beds
8 baths
Block of Units
1774m²
12
8
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Block of Units
1774m²
Positioned in Gippsland's growth corridor is this 8 unit complex offering the astute investor a magnificent return plus plenty of opportunity to increase the long term value and future returns. There are 4 x two bedroom units and 4 x one bedroom units, all of which have had long-term tenants and yearly rental increase's making this an attractive investment, much better than a bank and most other investments out there at the moment. Currently on a single title with a total rent of approx. $86,580 per annum this complex offers a brilliant return with low risk, dependable tenants and a strong leasing history, all perfect for that long term investment and security. Located in the heart of Trafalgar, easy walking distance to the town centre, supermarket, train station plus medical clinics and facilities. This property is for sale by "Expression of Interest" closing Friday 29th April 2022 at 4pm (If not sold prior).