Secure a fantastic investment with this solid brick, four-unit complex. With two units on the ground floor and two on the upper level, each 2-bedroom unit is neat, low-maintenance, and currently tenanted - offering excellent returns and future growth potential. - Each unit features two well-sized bedrooms and a functional bathroom, offering comfortable living spaces suitable for tenants seeking affordability and convenience. - The open-plan layout seamlessly integrates the kitchen and living area, creating an inviting environment for everyday living. - Each unit comes with a dedicated carport located at the rear, providing secure off-street parking. - Current Total Weekly Rent: $1,300 ($67,600 per annum) - Minimal Outgoings including council rates, water availability, insurance, and lawn care - Net Annual Return: Approx. $55,844.57 - Long Leases in Place (expiring 2025–2026), providing consistent rental income - Potential for rent growth and gross yield approaching 7% Situated in a convenient location close to amenities, schools, and transport, this complex offers solid growth potential and a worry-free addition to any portfolio. Council Rates: $6,958 per annum *All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
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Propriedade ID: 147467292
Original Propriedade ID: 147467292