10B Jacob Place, Karloo WA 6530

Fantastic Investment Opportunity

Investors read on here is an opportunity to purchase a unique opportunity with solid rent returns & an amazing return on investment.
Property Details;
Two x two bedroom one bathroom units.
Brick & tile construction.
Total land area approx 950m2.
Floor tiles throughout.
Carport each unit.

Investment details;
Tenants to both units paying $240 per week each.
Both tenants have leased for extended period one has been there for more than a decade.
Excellent track record for occupancy.
Being sold as one however each unit has individual title.
NO STRATA FEES APLY.
• Shire Rates $3,600 ( $1,800per Unit)

General Information on area;
Geraldton is experiencing high demand for rental property with, yields at very healthy levels.
Current sales volumes are high and investment opportunities of this type & price point .
Geraldton is a large regional Centre by WA standards with a population in excess of 35,000 and growing, Industry includes mining (close proximity to), Cray fishing (rock lobster), Prawn, Scallop nearby, Wheat Farming, Wind Turbines, Ska project & proposed hydrogen hub just to the north seals the deal on this being no one trick pony as far a diversity is concerned.
For more information or to arrange an inspection please call exclusive listing agent Mike Paterson 00408 953 962.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.