10 William Street East Branxton

A rare and exciting property investment opportunity exist in the Hunter Valley area for property investors that are looking to enter the property market. These set of units offer a great rental opportunity plus with the addition of the large block allows for potential future use and development.

Brick and tile constructed 2 storey unit complex with 2 units located on ground level and 2 units located on the upper level. There is a combined common entry/area that offers stairway access to the upper level units with the ground floor units have their own external access.

The land is 2037sqm in size with 40m x 50m boundary. This property offers potential future use depending council consent.

Ground Level Units features:
1 bedroom
On-site parking
Open plan design kitchen/lounge and dining room
Bathroom with separate laundry

Upper Level Units features:
2 bedrooms with robes
Open plan design kitchen/lounge and dining room
Bathroom with combined laundry
Internal access from common staircase
Single lock up garage
Balcony area offering elevated views

Rental Income (total): $43,730.00 p/a
Insurances: $2,119.63 p/a
Land Rates: $3,423.35 p/a
Water Rates: $2,774.52 p/a
Other rental Expenses: $1,892.95 approx. This includes property management, smoke alarm and admin fees.

Year Built: 1980 approx.
Land Size: 2,037sqm
Zoning: Low Density Residential
Local Council: Cessnock City Council
Services: town water and sewerage