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Easy Investment in Perfect Location
14 Mitchells Lane
Norfolk Island NSW 2899
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Easy Investment in Perfect Location

As far as investment properties on Norfolk Island go, this one is tried and tested - and all the hard work is already done.

Consisting of 3 units each named for a local tree;

  • Ground floor 1 bedroom "Pine"
  • Ground floor 2 bedroom " Olive"; and
  • First floor 2 bedroom unit "Oak"

Each of these units is separately metered, with the tenant responsible for their own utilities and internet. The units are well lit, open plan well appointed.  

Norfolk Island Real Estate manages the leases in place and can vouch for extremely low vacancy rates and high demand for this type of rental in the current market. 

The location is ideal, down a quiet street but just moments walk to the local post office, movie theatre, hospital and mini-mart and an easy stroll to the farmers markets and main town centre. For tenants looking for an easy lifestyle, there isn't a better location. 

Each unit has its own laundry, car parking and private access. 

The beauty of purchasing an existing investment like this one, is it is ready to go - completely furnished with appliances and fully inventory included! It is currently fully tenanted with combined rental income of $560 per week. 

Don't delay - the banks can't provide you with this kind of opportunity which is both secure and with excellent ROI. 

Features

Terrace/Paved Balcony Courtyard Undercover outdoor area Low maintenance Broadband Internet Ready Close to beach Level Block Water Tank Close to school
5 3 2
Address 14 Mitchells Lane, Norfolk Island
Price $495,000
Property Type residential
Property ID 389
Category Block Of Units
Land Area 1,036 m2

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Agent Details

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Angie Andresen

02 9188 4024
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