Units 8-13/168 Hector Street, Osborne Park WA 6017

GREAT INVESTMENT - SELLING ALL 6 UNITS - GREAT RENTAL RETURNS

The time has come for the original owner to sell what he created over 40 years ago. On offer is 6 x one bedroom units at the rear of the complex at 168 Hector St, Osborne Park.
We are selling all six units as one lot and are seeking expressions of interest for offers over $1.2M. Currently all units are leased except for unit 9 which was recently renovated and is vacant for the purpose of taking prospective buyers/investors through.

Units for sale are 8,9,10,11,12,13. There are two ground level units and four above accessed by two external staircases.

Current rents are:
Unit 8 - $300 per week
Unit 9 - renovated and currently vacant for inspections - $350 per week achievable
Unit 10 - $320 per week
Unit 11 - $320 per week
Unit 12 - $320 per week
Unit 13 - $280 per week

After costs this group is returning a yield of approx 6.5%

Features include:

- 10 minutes drive to the CBD.

- Walking distance to bus stop.

- New bristle tile roof installed 12 months ago.

- Each unit has its own internal laundry.

- Reverse cycle air conditioning.

- Extra large balcony in front of the upstairs units.

- External painting just completed to all the complex.

- Good maintenance procedures in place for the whole of the complex

- Each unit had a dedicated large undercover car bay large enough for two cars in tandem.

- 3 undercover visitor bays.

To view by appointment, contact Chris Jonker on 0403 309 597