In­vest­ment or devel­op­ment

The Riverine Herald - Local Real Estate - - LOCALREALESTATE.COM.AU -

The in­vest­ment op­por­tu­nity pre­sented to buy­ers at 27 Maiden St, Moama, is one not to miss. The prop­erty in­cludes seven two-bed­room brick units on one ti­tle on a high-pro­file cor­ner lo­ca­tion with three street frontages. All units are well-main­tained and in ex­cel­lent con­di­tion, en­joy­ing ter­rific oc­cu­pancy rate. Each unit has two bed­rooms, large liv­ing rooms, mod­ern kitchens with elec­tric ap­pli­ances, heat­ing and cool­ing, bath­room, laun­dry and car­port. In an ex­cel­lent po­si­tion, the units are within walking dis­tance of Moama Bowl­ing Club, cen­tral busi­ness district, sport­ing fa­cil­i­ties, pool and su­per­mar­kets. The units would make an ideal in­vest­ment, devel­op­ment op­por­tu­nity or hol­i­day let­tings. The av­er­age gross in­come is $65,000 (gross ren­tal in­come in 2012 was $68,500). The units can be viewed by ap­point­ment and will be auc­tioned on Satur­day, Fe­bru­ary 23, at 1pm at the Port of Echuca Qual­ity Inn. In­quiries to Gary Wood at Charles L King and Co First Na­tional, phone 5482 2111 or 0408 505 256.

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