Fully tenanted unit property opposite shopping centre

The owner of a block of eight units on a corner to corner property in Booval is looking for an investor to purchase the income earner for $1,568,000.

The units are located at 144 Glebe Road on 1,601 sqm at the intersection with Cole Street to the intersection with Pemberton Street.

All eight have long term tenants and the owner says that rental return currently sits at $109,824. 

Each unit features two bedrooms, one bathroom, a spacious kitchen, a laundry, tiled flooring throughout, a lock up garage and are low maintenance. 

The units on the ground floor each have courtyards and the units on the second floor each feature a large balcony.

The units are on individual strata titles and each has a separate water meter with a compliance certificate so water consumption can be redeemed from the renters.

The property is within easy walking distance of Booval Fair Shopping Centre and are close to public transport.

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