Exceptional Investment Opportunity

SOLD - This listing was sold in July 2019
$1300 per week rental income - Gross return approx 11%Situated in the main street of Ayr are these stunning 4 x 2 bedroom apartments. Tastefully renovated with quality fixtures and fittings. Easy walking to the shops, pool, gym and Anzac Park. These ultra modern apartments feature 2 bedrooms, built-ins, 3 x 2 bathrooms, stylish kitchens, spacious living areas laundry and storage areas. 3 units have private balconies, two levels with internal staircase. Units 1 & 2 balconies overlook Queen Street. All units are fully air-conditioned with oversized lockable garages. Ground level, unit 4 is unique with two lockable garages, large store room and generous laundry. Priced well below replacement, huge investment opportunity. . The astute investor could also live in one and rent the other three giving you a secure income in retirement. Call Lyndy McCathie at Landmark Harcourts McCathies on 0410 321 215 now for further details. Offers over $600,000 + GST.
Top Queen Street Locale.
4 x 2 bedroom apartments
3 apartments - 2 levels -unit 4 ground level
spacious living areas - stylish kitchens
3 x 2 bathrooms - unit 4 1 bathroom
laundry, lockable garages & storage
3 with private balconies
fully secured property
Rental return $1300 per week (9% gross)

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Main Property Features

Listing Number: LTY8465

Land Size:
1012 sqm
Property Type:
Block of units
Property Features:
Safety switch, Smoke alarms, Intercom
Roof:
Iron
Tenure:
Freehold
Approx year built:
1952
Property condition:
Renovated
House style:
Highset, Lowset
Unit style:
Number in block: 4, Number of levels: 2
Garaging / carparking:
Internal access, Double lock-up, Auto doors (Number of remotes: 3)
Construction:
Bagged
Joinery:
Aluminium
Walls / Interior:
Gyprock, Brick
Flooring:
Polished, Carpet and Tiles
Window coverings:
Blinds
Heating / Cooling:
Split cycle a/c, Ceiling fans
Electrical:
Rewired
Chattels remaining:
Blinds, Fixed floor coverings
Kitchen:
Modern, Dishwasher and Double sink
Living area:
Open plan
Main bedroom:
Double, Built-in-robe, Heating / air conditioning and Ceiling fans
Ensuite:
Separate shower, Bath
Bedroom 2:
Double, Built-in / wardrobe and Heating / air conditioning
Additional rooms:
Family
Main bathroom:
Bath, Separate shower
Laundry:
Separate
Workshop:
Combined
Views:
Urban
Aspect:
West
Outdoor living:
Deck / patio
Fencing:
Fully fenced
Land contour:
Flat
Grounds:
Tidy
Water heating:
Electric
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to shops, Close to schools
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Landmark Harcourts McCathies - Ayr

262 Queen Street
Ayr
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