Broken Hill 623 Lane Lane

This small unit block at 623 Lane Lane offers the perfect investment opportunity.
Located around the corner from McCulloch Street shops and close to schools, this solidly built besser block building offers three neat and tidy units each with off street parking.
Unit one & two each comprise of two spacious bedrooms, open plan kitchen & living with electric cooking, reverse cycle air conditioning unit, bathroom with shower, basin, toilet & separate laundry.
Unit three comprises of three spacious bedrooms, open plan kitchen & dining with electric stove, reverse cycle air conditioning unit, separate laundry, bathroom with shower, toilet & basin.
There is a large shed at the rear of the property currently being leased separately on a periodical lease.

Unit 1 is currently leased at $175 Per week Periodically
Unit 2 is currently lease at $180 Per Week until May 2023
Unit 3 is currently leased at $180 Per Week Periodically

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Council Rates: approx. $1,857 per annum
Water Rates: approx. $2,700 per annum

Agents Note:
The property will remain on the market and offers will be presented to the vendor/s up until an exchange of contract has occurred.

Property Information

• Land area approx 980sqm

Property Features

• Car Spaces 6