Cavity Brick Whole Block of 4 Units

Ray White Special Projects and First National Tenterfield are proud to present to the market a fully leased four-unit residential complex, offering secure holding income of $52,520* per annum together with compelling value-add potential through renovation, repositioning or short-stay accommodation^.

• Entire Complex of 4 x 1 bedroom, ground floor units set on 1 title
• Current Rental Return showing $52,520* per annum
• Low maintenance asset with long term tenants & very low turnover
• 860m²* site area
• Opportunity to renovate or reposition to short stay
• Within 1km* of the Tenterfield District Hospital and within walking distance to the town centre
• Buoyant local economy driven by tourism, agriculture & forestry
• Recent and potential projects in the Tenterfield Shire include:

- Heavy Vehicle Bypass ($50m*) - improving the freight task on the New England Highway;
- Northern Growth Corridor - Mt Lindesay Road ($27m*) - improving freight access to Qld and across to the north coast

• Strategic location - on the New England Highway 3 hours from Brisbane / Gold Coast and on the Bruxner Highway giving access to the North Coast of NSW and western inland regions of NSW and Qld

For Sale: $650,000

For further information, please contact the marketing agents:

Steve Alford
First National Real Estate
0428 100 328
general@alfordduff.com.au

Matthew Fritzsche
Ray White Special Projects (Qld)
0410 435 891
matthew.f@raywhite.com

*Approximately
^Subject to Council Approval

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