1 Middle Lane Forster NSW 2428

Fantastic central location with secure long term income!

Located with great outlook across the Forster Bowling Club greens, this is a significant home over two levels.

Property Improvements:
Ground floor is a 2-bedroom unit with kitchen, lounge, dining, separate bathroom and laundry. There is a great alfresco area at the back.
First floor is a 3-bedroom unit with kitchen, lounge, dining, separate bathroom and laundry. There is a generous balcony accessing from rear.
Both units have extensive inclusions and fixtures throughout including reverse cycle air conditioning to the upper-level, gas bayonet heating and ceiling fans.

Both units have long term 4-year leases being entered into by the current tenants who have occupying the property for the past 2 years.

Property Income:
Both units have long term 4-year leases being entered into by the current tenants who have occupying the property for the past 2 years. The net income is $41,600 per annum.

For further details please contact Andrew Kerkhoff on 0422 233533.