20 Bulolo Street, Ashmont presents an exceptional opportunity to secure a block of 5 x 2 bedroom units offered for sale on one title.
The development is of brick construction and sits on a large allotment of 1364m2. It is superbly located only a short walk to shopping, schools, public transport and is an easy 9 minute drive to Wagga's CBD.
All units are generous in size and boast two large bedrooms, spacious living area, internal laundry, reverse cycle heating & cooling, private courtyard and carport. One unit has been recently updated and boasts a new kitchen and updated paint and carpet. The development also provides for visitor car parking spaces.
Currently 100% occupied with most residents being long term tenants, the property has the ability to achieve $64,480 yield per annum in the current rental market with impressive scope to refurbish to increase annual yield and capital growth.
Ideal for superannuation funds, investors and developers, this property presents a rare chance to acquire a solid investment, one which is sure to provide financial growth and stability for the future.
* Information Memorandum available upon request.
Rates: $6,199.35 p.a.
Features
Air Conditioning
Allocated Car Spaces
Inspections
No open inspections scheduled.
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Contact Cassie Sheahan to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.