This is a remarkable opportunity to secure a unique income-producing residential property asset without the hassle. Start earning from Day one, as this early 1900’s house has been split into 4 individual flats.

Sitting on 850sqm of land, the original property has only had one owner and over time as their requirements changed, they divided the large home into four separate, fully contained flats. The current configuration is as follows:

• 1 x 2 bed, 1 bath + study
• 3 x 1 bed, 1 bath

All have large lounge rooms and eat- in kitchens and are in immaculate condition with separate electricity, water and gas for each flat.

They are currently on the following long leases:

Unit 1 - $330 per week – 10/10/13 – 08/10/14
Unit 2 - $320 per week – 01/11/13 – 30/11/14
Unit 3 - $265 per week – 23/09/13 – 21/09/14
Unit 4 - $295 – vacant (application pending)

Returning a potential gross income of $62,920 per annum. Currently managed by our agency, there is nothing for the savvy investor to do but buy and count the money coming in. Everything is in hand.

Superfund investors, this must be what you have been waiting for.

For a detailed investor schedule, please email Mark Bisaro directly.