10 George Street, Morgantown WA 6701

"Six Units Showing Great Returns"

Presenting a rare opportunity to secure a set of six units in a fantastic position, simply stroll across the road to Town Beach and the lovely Carnarvon Fascine.

All six units are currently tenanted with great tenants who keep the units in pristine condition and have indicated they are keen to stay.
Current rental returns per week combined: $1,745.00

The Units:
There are six brick veneer units in total, all units are two-bedroom, one bathroom. Comprising of neat kitchen, lounge/dining and bathrooms with vanity and shower. They are all tiled throughout with air conditioning. Some of the units have a small room at the rear – great for extra storage. All units have an electric hot water system in good working order. With small front gardens and rear gardens.

Three of the units present on the George Street side, with the other three units presenting on Norton Way, each with its own frontage.
There is ample car parking space on the 1822m2 block.

The Location:
Set in a prime position with one frontage on George Street and one frontage on Norton Way. The property is located within easy walking distance to Woolworths, Carnarvon Boulevarde, Carnarvon Medical Centre, GMF Units and the Carnarvon Daycare Centre. Stroll across the road to Town Beach, Kids Playground, Kiosk Cafe and the beautiful Carnarvon Fascine.

The Options:
Four of the tenants are on fixed rental tenancies, two tenants are on periodical tenancies. There are options to increase the rent with newly fixed tenancies.
The units are al currently in good condition, this would be a perfect location for re-development and new buildings in the distant future.
Inspections: As all units are tenanted, we have arranged for set access times for viewings throughout the campaign period. Please call Lauren on 0439 689 089 to register your interest in a viewing.

Property features:
- Brick veneer construction
- Tin roof
- Six – two-bedroom, one-bathroom units
- Combined lounge and dining
- Neatly tiled bathrooms
- Electric hot water systems
- Ample car parking space
- Two big frontages – each 29.8m2
- Deep sewered
- Zoned R35
- Total land area: 1,822m2
- Walk to the beach
- Walk to town centre
- Water Rates Approx: $6,683.68
- Shire Rates Approx: $9,472.43

More Information:
For further information, copies of documents and leases please call Lauren to have the information emailed.