Burnside Real Estate

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A & B/2 & 4 Morley Street & Truman Road

Canterbury Area
A & B/2 & 4 Morley Street & Truman Road Canterbury Area
proudly marketed by
Braziers Limited
A Rare Find 4 x Studio Units
Back on the market due to collapsed sale. Seldom available in such a top location. Great opportunity to secure this fantastic block of 4 x studio units on four separate titles (Stratum in freehold) situated on corner section of 690m2 of prime RS, TC2 land. 4 x fully self-contained studio units. These units are tidy throughout, well maintained and presented. Each unit has their own kitchen, living/bedrooms with heat pumps. Bathrooms have a shower over bath, hand basin, toilet and laundry. Potential to enhance each unit further, with modernised kitchens, bathrooms and separate courtyard areas. There is one off street car park for each unit and a shared communal shed. Good holding income, with long term tenants in place. Currently rented at $255pw, $255pw, $259pw and $245 per week. A total of $1,014 per week = $52,728.00 per annum. Prime location, on corner section of 690m2 of RS, TC2 land. All EQC work has been completed and Insurance in place with AMI. Situated in an excellent location close to Jelly Park, CBD, Ilam shops, Fendalton Village, restaurants and bars. Zoned for Burnside High and Cobham Intermediate yet close to Teachers Collage and Canterbury University. A great investment block for any investor to add to their portfolio or for someone who is just starting out. Be quick here, phone now for details.
Upload by Wayne Hutchinson