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X4 / 12 Perth Street, Benalla

4 one bedroom apartments - Solid Investment with excellent returns.

Positioned in the heart of Benalla with easy access to the local business district sits X4 one bedroom updated apartments are ready to live in, continue leasing or subdivide (Plans and permits obtained). You choose!
All units are currently tenanted and the current rental return of $560 per week or $29,000 per annum gives you a 9.1 % return of the asking price, which is a sound investment in any market.

Each apartment comprises of large freshly carpeted lounge areas, good sized bedrooms (with BIRS), ensuite bathrooms and separate kitchens with electric cooking. 2 of the 4 units also offer split system heating/cooling and laundry taps.

Complex comprises of 2 driveways, 4 carports and garden shed/laundry, along with ample room at the front and rear of the building. The brick/timber building has also recently had the exterior repainted along with other cosmetic works.

A rare opportunity in this every growing town, enquire today!