2 Kooemba Street, Newmarket  5 Beds | 5 Baths | 5 Cars

Sold for $750,000


Five X 1 Bedroom Flats

Investors and Buyers with a self-managed super funds will be highly impressed with the return that this complex offers. The property has potential to increase the rental income by completing some minor renovations. All the flats are currently tenanted.

There is under house garaging for each property, as well as a shared laundry area and storage space. The property sits on a large 625m2 level block. It offers a superb income generating prospect with returns of approx. $52,000 per annum.

Features include:
• Five X 1 Bedroom Flats
• Current annual income of $52,000.00
• A large 625m2 level block with spacious front and back gardens
• Underhouse garaging for each property plus laundry and storage
• Walk to Newmarket station, local schools, shops and Wilston village

 

Michael Mills
Sales And Marketing Manager
0407 963 824
michael@denovans.com.au

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