85 Campbell Road, Spencer Park WA 6330

CITY UNIT BLOCK UP FOR GRABS

You might occasionally see For Lease signs pop up out the front of this six-residential unit complex, only to see a Leased sign appear soon after.
This key R20-zoned investment property has revealed a consistently high tenancy rate spread across many years, and this trend continues to this day.
There are some long-term tenants residing and there is quite a sense of community spirit within the complex.
Just look at the location and low-upkeep nature of the property, and it is understandable why the units have proved popular with tenants.
Shops, schools, sporting amenities, parks, medical services and bus stops are all within walking distance and Albany's CBD is only 2.3-kilometres away.
The property reaps approximately $65,000 per annum in rental income and there are sound prospects to build on this figure.

Currently returning 7.9% return PA.

There are three different floorplans, with the main one being a 4x2 unit with garage and workshop. The 2x1 units have carports and there are four parking bays on the property. Some units have undergone a spruce up in the past.
Investment properties of this type rarely surface for sale so close to the city.
For more detailed information or to arrange a private viewing please contact Rob Humfrey on 0428 447 226