INVEST, OCCUPY OR DEVELOP!

• Land area 637 m²

Long term tenants occupy this 2 bedroom and 4 bedroom property, paying $530 per week. Recently repainted externally, the two bedroom unit has been thoroughly renovated internally too. Located within close proximity of the CBD and Frankton's retail and industrial area, this property will serve well as either an investment with a gross return of 7.2%, a home and income opportunity or an excellent property for those who need a separate space for extended family.

1 Mary Street is being offered for sale in conjunction with the neighbouring property at 3 Mary Street (see reference MU74). The properties are available for sale separately, but offer further upside and development potential if purchased together. The stand alone one bedroom unit on its own fee simple title can easily be converted into a two bedroom unit producing additional income, and has council consent to convert the existing double garage into a self contained unit, offering a further added income.

If you are looking for either an easily managed and well presented investment, or a value add project, this property must be viewed! Contact Campbell for further information or to arrange your inspection or offer.