54 Strong Street, St Johns

54 Strong Street

Property Details

Price : $189 000 Type : Residential For Sale Contract: Private Treaty Area : 118 sqm Beds : 4 Baths : 2

Property Description

54 Strong St comprises TWO x 2 bedroom weatherboard single level units.

These 2 leasehold units  have a current positive cash-flow and there is an opportunity to increase this.

The PLUS here is the 21 YEAR renewable 21 year lease is currently fixed at $26,300pa until 2034.

Live in one of the units yourself and rent out the other is another possibility.

Both units are currently rented under a periodic tenancy.

The location has convenient proximity to many local suburban amenities and the waterfront beaches are only a short drive away.

If you are looking to live or invest in the eastern suburbs without having to raise a huge mortgage this property could present a very desirable option.

Contact Tina on 021800076  for further information and your inspection to view.

Contact Agent

021 800 076
09 5202102
O2O logo