Investors alert. This one doesn’t come along every day. 36 Joffre Street is a block of five units (2 x 2 bed, 3 x 1 bed) nestled in one of the quietest parts of Ashgrove. The property is held under a single title so the investment choices are yours. Buy and hold for capital growth. Strata title and sell off part or all of the property. Or upgrade the property and reap the income. Property highlights: * Fully tenanted and generating $1290 per week * Currently on a single title with the potential to be strata titled * Multi-dwelling block in a quiet and relaxed setting minutes from the amenities of Ashgrove. This property is a seventies brick veneer block of units that is doing just fine as it is, but could benefit from some tender loving care. The block is a short u-shape with the 2 x 2 bedroom units at either end. Unit One overlooks the quiet street, Unit Five overlooks the creek. In between, along a shared walkway, are the 3 x 1 bedroom units Unit One is perhaps the pick of the units with a small north-westerly facing balcony. Step through the door into an open plan living and kitchen area. The kitchen has been simply renovated and has a new upright gas stove, new vinyl floors, a large pantry and range hood. Polished floorboards extend through the living areas Both bedrooms are carpeted and the main bedroom is large with a built in double door wardrobe. In addition, there is ample storage space in the hallway. The bathroom is an older style with a bath and shower combination. Moving further into the property, Unit One’s back door opens onto the communal walkway. Units Two, Three and Four are surprisingly pleasant, with back doors that allow for a delightful through flow of air. The bedrooms are generous and each has a built in wardrobe and adjacent bathroom. Unit Three has a new kitchen and bathroom, while Units 2 and 4 are older style. At the other end of the U shaped block is Unit 5, the second two bedroom unit. It is light and airy and feels the most spacious of all of them. It also has a compact, renovated kitchen with good bench space and cupboard space. This unit also has the added advantage of sliding doors that open onto a small balcony and then onto the cool, green creek. All this rental potential in a fantastic location offering: * Buses at the top of the street for the 10 minute journey into town * Woolworths complex within easy walking distance * Close to the area’s café precincts * Close to the area’s bike tracks Rates: $1262.32 per quarter plus water and sewerage Come one, come all... The vendor wants the property sold, now!