• $1800000

25 Spruce St, North Lambton NSW 2299, Australia

This property has seven, one bedroom units returning $2,625 per week. They have all had work done over time and are all comfortable 1 bedroom units, there are carports for four vehicles and two extra car spaces. All on one title.

 

The accommodation is set on generous grounds of 1012sqm. This street is just minutes down to Lambton Shopping Village and Lambton Park and Pool..

 

This property has:

* 7 one bedroom units,

* Open Living Areas in six of the units,

* Separate Kitchen and lounge in Unit 6,

* Sunny Front Verandah Unit 6,

* Plenty of outdoor space,

* 4 Carports, 2 Parking spaces,

* Shared Laundry Facility,

* Outside Toilet Facility,

 

Would suit for investment opportunity with over 7% return, with perhaps future development in mind.

 

This location is very popular, currently all the units are tenanted and would always rent readily if an when tenants vacate.