7 
3 
4 
1047m2
1-3/10 Queen Street
Muswellbrook NSW 2333
Sold
Three Flats on One Tiltle
Electric Heating
Air Conditioning
Electric Hot Water
Fully tenanted showing a gross return of 6.57%, these single title flats offer a rare opportunity to invest without any Strata Fees.
Consisting of One x three bedroom flat (#2) and Two x two bedroom flats, each is fully self contained with kitchen, living area, separate bathroom, laundry and reverse cycle air conditioning.
Total current rent $550 per week equating to $28,600 per annum.
Rates are currently $2,728 pa. Water is normally $400 and management fees are $2,202.20.
Outgoings therefore $5,330.20 leaving $23,269.80 equating to approx. 5.35% nett return.
Based on current achievable market rent this would increase to around 5.65% Nett return.
Related Information & Disclaimers
Property ID: 1023783
44 Bridge Street, Muswellbrook NSW 2333