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112A Wynter Street
Taree, NSW 2430
$880,000
Overview
112a Wynter Street, Taree
This property offers a rare opportunity to secure an entire block of four residential units located at 112A Wynter Street, Taree. Situated in close proximity to the hospital and just minutes' walk from the central business district, this complex is ideally positioned for convenience and accessibility.
The block comprises four units in total, including one two-bedroom unit and three one-bedroom units. Each unit is currently leased to quality tenants, providing a steady gross income of approximately $44,160 per annum. This makes the property an attractive investment for those seeking a reliable rental return.
Residents and tenants benefit from the property's location, which is just a short walk to the Manning River, offering recreational opportunities and scenic views. The proximity to essential services such as the hospital and the CBD enhances the appeal of this complex.
Additional features include council rates estimated at $4,692 per annum and water rates around $1,740 per annum. These costs are reasonable considering the income potential and the property's location.
Securing an entire unit complex in this area is a rare opportunity, making this an excellent prospect for investors looking to expand their portfolio with a well-located, income-producing asset. Interested parties are encouraged to request the full Information Memorandum for detailed financial and tenancy information.
This investment offers a combination of location, tenant quality, and income stability, making it a compelling choice for discerning investors.
Location
Taree NSW 2430
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