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Passive investment gem - Eden Terra

7 Units/15 Fleet Street, Eden Terrace

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Property details

Listing # 1691961 | Listed on 13 April 2022

• 7 tenanted freehold apartments for sale in one package

  • Suit discerning investor or family trust looking for hassle free investment
  • Buy the whole wing of the development or a full floor
  • Highly sought after location in rental market provide solid income stream

Overlooking Basque Park, this boutique building provides high quality apartmentliving. On offer are 7 tenanted apartments developed circa 2017 with near newfittings and tandem stack garage. Each unit come with 1 car park, storage lokcerand a large balcony flows to the open plan living area.

15 Fleet Street is low rise apartment block which comprises 2 stages. On selling isstage 2 development with 7 units completed in 2017 All together is a ground levelstudio and 6 similar layout units with one bedroom plus study, size of each units are52sqm plus 7sqm balcony located on level 2~4 with 2 units each level and groundfloor studio unit with 41sqm plus 16sqm patio and addition double lockup garage(41.5sqm).

Eden Terrace is popular with property seekers given its transport connections,proximity to Kingsland and Ponsonby and local amenities.

Tenancy Details

Seven fully leased apartment size from 41sqm to 54sqm, returning a gross holding income of $192,400 pa. Full tenancies schedule available upon request.

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