Fantastic/Rare Investment Opportunity

This 1950’s apartment block represents a fantastic investment opportunity situated in highly sought-after Newport, newly renovated block of 3 offers generous proportions with good returns. Placed on 936sqm of land theirs potential for future improvement and growth. Peacefully located at 23 Beaconsfield Street it’s just a short walk down to The Newport.

Features:

3 Bedroom x 1 Bathroom x 2 Garage

2 Bedroom x 1 Bathroom x 1 Garage

2 Bedroom x 1 Bathroom

Income - Approximately $103,740 gross per annum

Ideal investment opportunity

Immediate income with an established income stream

Outgoings:

Council Rates: $3,304.04 per annum

Water Rates: $2,064.84 per annum

Location:

Newport shops include Coles and 25 restaurants, cafes 2 bottle shops a coupe of bars as well as many specialty shops. Conveniently located next to Newport Public School & The Newport is also at the end of the road.

**All quoted areas/measurements and approximations. Lessees/purchases must conduct and rely on their own information.**

Disclaimer: Whilst every effort has been made to ensure the accuracy of the information provided by our vendors, Patrick Cowie Real Estate makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Prospective tenants are advised to carry out their own due diligence and investigations.

Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website or the information about the property contained on the Website.

6
Address 23 Beaconsfield St, Newport
Price SOLD for $2,500,000
Property Type commercial
Property ID 124
Category Hotel/Leisure
Land Area 936 m2

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Patrick Cowie

0417 388 621
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