Offered fully let, 261 Victoria Street presents an excellent opportunity to start or expand your property portfolio under what has been widely noted as some of the best rental market conditions in our area for decades. Returning a total of $31,720 pa rent (gross) between four, two bedroom flats the well established brick property is set to provide a strong return right from settlement and with a local residential vacancy rate of under 1% this should be consistently maintained under current market conditions or similar. Each flat comprises two well sized bedrooms each with built in robes, spacious open plan kitchen/living/dining with electric appliances including split system air conditioning, double door linen press, separate toilet to bathroom and laundry and external access to rear yards. Flat two has had a recent refurbishment with complete kitchen renovation and vinyl plank flooring installed to the kitchen/living/dining/hallway areas all in neutral tones. Each flat has its own enclosed rear yard for the Tenants to enjoy an outdoor sitting area in privacy in addition to their dwelling with lawn maintenance provided within the rent collected. Positioned in quiet Victoria Street and with all appliances in working order.