This rarely available 8 pack of brick flats is offered at well below replacement cost and is in a prime location between the Lutwyche shopping centre and Bus Station. Development upside is also an advantage with the large 1,012m2 site (25m frontage) being zoned " District Centre 2 ". This fully leased property has a demonstrated, excellent rental history and offers terrific yield. With rentals widely predicted to increase, the investment returns have a bright future. The air-conditioned, two bedroom units are in good condition and have large balconies with the ground floor flat boasting a large courtyard. The building has been well cared for and low maintenance generally is a money-saving benefit. This is a peerless investment property in a vibrant location. A combination of great current returns with development alternatives.