8 Booth Street

Queanbeyan East NSW 2620

Rarely does an investment opportunity arise that presents such prime position, size and versatility making it a perfect investment for your SMSF, investment portfolio or Family Trust, take advantage of the solid rental and capital growth potential of this fabulous block of 4 units - each 120m2 in size!Returning approximately ($84,995 GPA) this light-filled block set on 827m2 of land is a well-presented block of 4 three bedroom units. Each unit has been modernised and features a good size kitchen, open plan living areas, separate bathroom, 3 bedrooms with built-in-robes. The two ground floor units even have their own courtyards! Each unit has a large lock up garage plus plenty of space for additional storage and all units are currently tenanted.The complex is superbly located opposite the Queanbeyan Golf course, 2 minute flat walk to the river reserve and suspension bridge, 3 minute walk to primary school and bus stops and only an 8 minute walk to shops, cafe's restaurants along the picturesque Queanbeyan River. There is easy access out to Canberra and the complex has lock up garages and there is plenty of street car parking on the wide tree lined street.The properties are never vacant for longer than 4 days due to their size, shape, design, location and overall condition. A brief description of the units are as follows:UNIT 1 Current Rent: $385.00 per week Lease Expires 5th May 2020UNIT 2 Current Rent $375.00 per week Lease Expires 1st June 2020UNIT 3 Current Rent $440.00 Lease expires 21st November 2019UNIT 4 Current Rent $1825 PCM Lease expires 8th November 2019Overall this property represents an exceptional opportunity for investors to secure a large flexible residential investment to be sold in one line in a highly sought-after location, just minutes from the CBD.