1-5/32 Wells Street, East Gosford, NSW 2250

Unit 10 5 10
Sold Price Not Disclosed (13 Mar 2014)
Block of 5 Units! Secure and Solid Investment, Prosperous Income, Development Potential. Convenient, central and sought after EAST Gosford location
The rental market in East Gosford is booming. These low maintenance units return a fantastic $59,488 per year. There is an opportunity to increase rents to meet current market rates. An enviable return of 6-7% p.a. is good in anyone’s books!

Vacancy rates are very low; there have been no vacancies in 2 years. All residing tenants are long term residents of #32.

There is currently one title, so potential for strata development and individual sale (STCA).

All Units are full brick and of identical design; featuring:
• 2 good sized bedrooms and 1 bathroom
• A generous open plan living and dining area
• Separate laundry
• Small courtyard
• 1 garage and 1 carport per unit
• Solid brick construction
• Easy access to public transport, East Gosford shopping strip, schools, Brisbane Water and a short drive to Erina Fair and Gosford Station

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Features

Level Lawn, Close to Parklands, Close to Schools, Close to Shops, Close to Transport, Near Waterfront, Courtyard, Secure Parking, Ensuite

eConveyancing NSW provides residential conveyancing in NSW. Please call (02) 8812 5459 or email hello@econveyancingNSW.com.au.

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