That’s exactly what’s on offer here ! This complex consisting of 4 X 2 bedroom units is nestled in the heart of Geelong and currently returns a gross rent of $76,000. That lands approximately $55,000 to possibly $60,000 in your hands making this an exceptional investment. Based on the reasonable asking price that’s a healthy 4.3% to 4.65% net return. Each unit averages about $360-$370 per week and is historically in high demand due to its brilliant City location. The Geelong city itself is in the middle of a resurgence and is fast becoming a thriving hub with the impending arrival of NDIS and Workcare on top of the already TAC and ATO . That should instil you with a lot of confidence that this is the place to invest. This is a truly Super investment that is not only low in risk but has excellent potential to achieve even higher returns.
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