89 Marks Street Broken Hill, 2880 NSW
Fully Leased Approx. 12% Return with Subdivision Potential
89 Marks Street, Broken Hill offers a unique investment opportunity with multiple dwellings on one title. The property includes 3 brick units along with a large 4 bedroom, 2 bathroom house ideal for the astute investor.
Income and current lease details for each tenancy are: Unit 5 - Leased at $160 per week until November 2021 Unit 4 - Leased at $175 per week until August 2022 Unit 3 - Leased at $185 per week until January 2022 House - Leased at $305 per week until August 2022
DA approved for subdivision until 5 October, 2023 if not accepted upon before. (Please refer to the draft contract of sale and consult with Broken Hill City Council for clarification)
General property descriptions: Uni 3 - Downstairs unit. Open plan living and dining, bathroom / laundry, separate toilet. Recently updated. Vehicle access. Unit 4 - Upstairs unit. Open plan living and dining, bathroom / laundry, separate toilet. Recently updated. Vehicle access. Unit 5 - Upstairs unit. Open plan living and dining, bathroom / laundry, separate toilet. Original but functional condition. Vehicle access.
Sold
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Matthew Handberg
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Shelby Pryor