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Unit in Lincoln
A Winning Investment
- 8 Beds
- 4 Baths
Solidly constructed in the 1970s, and on the market for only the second time since then, this is an amazing opportunity to own a block of 4 two bedroom units, each on its own separate unit title in the heart of Lincoln. These units are all sunny and North facing, and each has a heat pump.
Currently returning $1160 per week in total, ($60,000 per annum), these units generate a great return and have potential for more. The rental market in Lincoln enjoys constant demand. One unit has now been kept vacant for viewing purposes.
Located in a quiet area with two street frontages and four carports plus off street parking, and within walking distance of the university, shops and supermarket, this block represents an outstanding opportunity for the astute investor.
Note: As these units are occupied, please respect the tenants' privacy and do not enter the property without the agent.
- Electric Hot Water
- Standard Kitchen
- Open Plan Dining
- Separate Bathroom/s
- Separate WC/s
- Combined Lounge/Dining
- Electric Stove
- Insulation: Ceilings
- Joinery: Aluminium
- Fair Interior Condition
- Carport
- Concrete Base
- Iron Roof
- Concrete Block Exterior
- Good Exterior Condition
- Single Storey
- Level Section Contour
- Northerly Aspect
- Urban Views
- City Sewage
- Town Water
- Street Frontage
- Level With Road
- Public Transport Nearby
- Shops Nearby
See all features
- Drapes
- Fixed Floor Coverings
- Light Fittings
- Stove
- Household Keys
RLL23337
Carport x4
8
4