Looking for a high-demand investment property with guaranteed returns? Well, this may just be the property for you. Comprising of a 1brm flat at the front & a 2brm flat at the back & a large yard split on both sides so that each tenant has plenty of space for multiple vehicles and/or trailers & even a campervan.
Solo or couple accommodation in these rental price brackets are extremely sort-after so whether it’s the current very heated market or a flat market you will always have a demand for this type of property.
Whilst the current returns are very good, these rental amounts are very low so there is ample room for further growth in the future.
6b (front flat) is currently getting $200 per week & lease expires 23/02/2023
6a (back flat) is currently getting $210 per week & the lease expires 22/08/2022
With leases in place with existing tenants, this would be ideally suited for investors, however, if you had a long-term goal to reside in the premises that could be done when leases expire.
Unit 6b (front unit) – features
- Updated eat-in kitchen with electric appliances & plenty of storage space
- Shower with vanity & separate toilet
- Main bedroom with VJ panels & high ceiling
- Security screens & flyscreens
- Ample space in living room
- Rear laundry & clothesline
- Lock-up garage
Unit 6a (back unit) – features
- Original eat-in kitchen with electric stove & vinyl floor
- Shower with vanity & internal laundry
- Main & 2nd bedrooms are both quite spacious with high ceilings
- Living space or utilise a bedroom as living & this could be a study/casual living space
Both Flats have had smoke alarms upgraded to new legislation standards
Land Rates – $1641.88 per half year
No open houses are planned, so call Scott or John for your private inspection or ask for a full walk-thru video to be sent to you.