I have listed a new property at Vi Central Park, Victoria.
Revenue 5-Plex! 7% Cap-Rate! Invest in your future, invest in steady cash flow...never a vacancy! With uncertainty circling stock markets, low rates of return for guaranteed investments and bonds you are probably looking for an investment which will perform now and into the future. This rare offering is legally authorized as a 5-Plex, and is well located on a quiet street within a 5-minute walk of downtown. The current owner has upgraded and maintained the property with many significant improvements. To protect your cash flow, each unit is separately metered, have their own heating & hot water tank. One unit has it's own laundry, plus there is a coin-op shared laundry. Parking for 6-vehichles on site. Awesome year-after-year performance with a current Net after expenses of approx $62,000/Yr! If you have been following the Revenue Property market you know this is a rare opportunity, as a BONUS it is in a location which will not dissappoint the savy investor. Assumable Mortgage at attractive rate. Viewings arranged for qualified buyers only. Exclusive Listing, contact Mikko for Info Package!