1-9/286 Beechworth Road, Wodonga

CENTRAL WODONGA - Superb History And Future

These solid and well kept nine units are let at a projected total of $70,460 per annum and feature some incredible lengthy tenancies over the years. Current long term tenants of twenty two, twenty one, nine and five year periods bodes well for the past and sets a strong platform for the future. The nine units are currently fully let between $145 to $170 per week and offer scope to improve. Unit 1 is two bedrooms with a split system, gas kitchen, combined laundry/bathroom. Units 2-9 are all one bedroom with a built in robe, split system heating/cooling, gas kitchen, combined laundry/bathroom- shower only.
Unit 3 has a lock up garage, all other units have single carports. All units have gas hot water except for electric at unit 3.
The whole complex is set on an approximate 1640m2 allotment with space around and minimal garden up keep.
Perfectly central location close to High Street and all conveniences.
Costs approximately per annum are Council rates $10,384.40, Water charges $1,800.00, Insurance $1,500.00, Lawns $924.00, Management fees $5,425.00, for total costs of $20,033.40.
"A Friendly Auction"- Pest and Building inspections have been completed and are available on request.