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Picton, 1 Angle Street

Rental Performance with great Return

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Listing Number: PX7798
About this listing

SOLD - This listing was sold in June 2019.

We are pleased to offer this great investment property consisting of 5 one bedroom rental or holiday units currently managed by our Property Management division so it's a carefree investment. Our owner has completely renovated them throughout and now they enjoy double glazing, new kitchen and bathrooms with gas hot water heating. There is a large area of undeveloped land to the west giving options for expansion or recreation. With an annual rental income of $50,960.00, per annum this investment is better than money in the bank so take this opportunity to invest in your future and landbank your savings.
Property Information
  • Property Type: Block of units
  • Property Features: Smoke alarms
  • Roof: Iron
  • Tenure: Crosslease (fee simple)
  • Approx year built: 1975
  • Property condition: Renovated
  • House style: Contemporary
  • Garaging / carparking: Off street
  • Construction: Block
  • Joinery: Aluminium, Double glazing
  • Flooring: Vinyl and Carpet
  • Heating / Cooling: Electric
  • Electrical: Satellite dish
  • Chattels remaining: Blinds, Fixed floor coverings, Light fittings, 5x Microwaves, 5x Gas Hobs, 5x Rangehoods, 10x Panel Wall Heaters, 5x Bathroom Fan Heaters, 3x Clothes lines Unit 1 - Couch, Washing Machine Unit 2 - Couch, Washing Machine Unit 3 - Washing Machine, Bench high Fridge, 2x Outdoor chairs Unit 4 - Desk & Chair, Coffee Table, Couch, Double Bed, Bench Fridge, Washing machine Unit 5 - Couch
  • Kitchen: New, Modern, Separate oven, Gas bottled and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Walk-in-robe
  • Main bathroom: Separate shower
  • Views: Urban
  • Aspect: North
  • Outdoor living: Clothes line, Deck / patio
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Gas, litres: califont
  • Water supply: Town supply
  • Sewerage: Mains

Contact Details

Harcourts Picton

Picton Property Centre Ltd

Licensed REAA 2008

36 High St
Office website

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