8 Dowling Street
Wonthaggi


$399,000

5
5
10

Property Features


Property ID: 3317400

Land Size
1263.00 m2

BOUTIQUE LIFESTYLE COMPLEX/6.3% RETURN


What a fantastic opportunity to own a care-free investment.

This complex of 5 tenant owned dwellings with long term secure site agreements is returning a net profit of just over $25,000 per annum after all associated rates, insurances and management fees have been paid. A super attractive 6.3% net return on an affordable $399K.

Rent is subject to annual CPI increases and paid fortnightly, PBE Real Estate manage all affairs and if the site tenant is ever to sell up, they find the new occupant. It is a stress free investment.

Perfectly located just a short walk to town in a booming area.

A great super and long term investment project recently completed by reputable local building firm, Coldon Homes.

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