1-4/31 Arnold Street
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About this property
This unit complex on a 607m2 block offers an engaging investment opportunity. It encompasses two, 2 bedroom and two 1 bedrooms units all with single car accommodation on a medium density development site. The property is a solid brick construction in good condition. 2 of the units have had improvements in the last few years, 2 are in original condition and with some cosmetic improvements and a little investment the rental return could be dramatically increased. There is a good-sized garden at the rear of the property which all the units share the use of. The opportunity consists of: Unit 1 - 2-bedroom unit at the front of the property, 2 large bedrooms, small balcony, bathroom with separate toilet, washing machine connection, lounge and kitchen, single car garage. Unit 2 - 2 bedroom unit, shower room with toilet and washing machine connection, lounge and renovated kitchen, single car garage, split system air conditioning installed in 2024, hybrid timber plank flooring. Unit 3 - 1 bedroom unit, shower room with separate toilet, lounge and updated kitchen, single car garage, split system air conditioning in lounge and bedroom, installed 2024, hybrid timber plank flooring. Unit 4 - 1 bedroom unit, shower room with separate toilet, lounge and kitchen with washing machine and dishwasher connection. 1 carport at back of property, split system air-conditioning installed in 2024. The current rental return is below market value full details and a formal rental appraisal is available on request. Located close to local facilities including Garden City shopping centre and public transport with local schools, shops and parks at the end of the street this is an opportunity that should not be missed. Don't wait - contact us for more information - 607m2, 4 units, huge potential! The seller reserves the right to accept any contract prior to the best offer closing date which is Wednesday 27th May 2026 @ 5pm
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Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 4
- Parking
- 4
- Land Area
- 604m²
- Listed
- 1 week ago
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