Great opportunity exists - positioned on the fringe of the vibrant Lake side township of Toronto. Toronto is the largest town on the western side of Lake Macquarie. It is a picturesque retail hub offering easy access to both Newcastle and Sydney by both the M1 Motorway & Rail.
Positioned close to the Watagan's National Park & the famed Hunter Valley Wine Region it makes sense to add an investment like this to your property portfolio.
* 4 apartment blocks, all on 1 title, each block consists of 4 units = 16 units in total
* All 16 units are 1 bedroom, some with lofts allowing for extra living & storage space.
* All bedrooms with built-ins & natural gas connected to all units.
* A mix of units with open or partially covered deck/veranda's
* Laundries in each unit are incorporated into the bathroom.
* Plenty of car spaces
* Located within a 600m walk to Toronto CBD, Coles, Woolworths, Aldi, cafes, restaurants, Doctors, chemists, waterfront reserve parkland, swimming baths, jetty and boat ramp etc
* 600m to public transport
* APPOINTMENT BY SCHEDULED OPEN HOME
Additional highlights of the asset include:
* Vibrant lakeside suburb
* All units private with green leafy outlook
* Short walk to local shops, cafes, restaurants, waterfront parkland etc
* Easy access to public transport
* Current Total Rent Return $226,200.00 pa
* Potential Rent Return $256,360.00 pa
* Floor plan available on request
SALE BY TENDER - IF NOT SOLD BEFORE
TENDER CLOSES Thursday 15th May 2025 at 3pm
ALL OFFERS & CONDITIONS TO BE SUBMITTED TO THE AGENT BY 3PM ON THURSDAY 15TH MAY 2025
From all of us at Ray White Toronto - Warners Bay - Wangi Wangi - North Lake Macquarie, we wish you every success in the search for your next property. If you would like more detail on this or to chat about one of the many other properties we have available please call or email us today..
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