10 freehold Fitzroy flats


528 Devon St East

Asking Price NZD $1,065,000

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10 freehold Fitzroy flats | 528 Devon St East | 522637 |      X Close
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10 freehold Fitzroy flats


Asking price $1,065,000 incl GST

A rare opportunity to purchase a 10 unit block of one bedroom flats (on one freehold title) in sought after Fitzroy. Fully tenanted (the longest current occupant has been there for more than twenty years) with a passing rental in excess of $94,000.00pa. The approximately 390sqm building sits on a generous 880sqm (more or less) L shaped block (zoned Business D). Investors can reap rewards by maintaining the successful status quo, remodelling the existing building or developing an entirely new residential or business proposition. Anyone seeking a sound business or development opportunity should inspect.

528 Devon St East

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