174 Casino Street, South Lismore

Potential Plus- Block of 4 Units for Investment

174 Casino Street, South Lismore

  • Price: Contact for price
  • Property Type:BLOCK OF UNITS
  • Location:SOUTH LISMORE
  • Bedrooms:4
  • Bathrooms:4
  • Car Spaces:4
  • Area:785 sq metres

Potential Plus- Block of 4 Units for Investment

4 x one bedroom Block of units are waiting for an overhaul.
Prior to 2022 flood these units ran at @15% ROI, which is one of the highest returns around.
All they need is the right buyer to conduct some restoration work, and some elbow grease to bring these forward into the future.

* Unique design configurations per unit.
* Front foyer with 2 entries
* Rear entries to 2 units
* good size lock up garages
* Wood flooring
* 2 shared laundries and clotheslines
* Sealed front parking area
* Rental return of up to $1400pw
* Nett rental potential of $1200pw

*Rates $5000 pa
*Insurance $2500pa

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Jillian Challinor
Jillian Challinor

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