11 Broughton Street
West Kempsey


$390,000

3
3
3

Property Features


Property ID: 3312236

ONE BASKET, MANY EGGS


This highset weatherboard residence was converted into three residential flats many, many years ago. With three x 1 bedroom flats, providing an excellent, regular income, it has been a profitable investment and will continue to be so into the future. With a solid rental history and a current return of 6.94%, you will be able to comfortably sit back and reap the benefits of a regular cash flow. Let's face it, that's better than the banks can offer! The elevated West Kempsey address is always popular with tenants, ensuring high occupancy rates (all currently leased at $180 each per week) plus being close to schools, Tafe, shops, club, and hospital means it is perfectly positioned. If you are considering your future income or superannuation, this "nest egg" should be going straight into your basket.