Chasing a strong rental return? Why not get a great return on your hard earned dollars and have it invested where you can also benefit from capital growth. This 809sqm corner block has a renovated home that is split into 2 flats and the home sits toward the front of the block.
The flats are a 1 bedroom and study and a 2 bedroom, both present very well having undergone recent renovation work which included piers, electrical and plumbing.
Currently occupied by tenants the property produces a combined income of $475 per week which represents a gross return of 7%.
The property’s Convent Hill location is elevated, sought after, walking distance to the main street and enjoys views to the south.
Property Code: 402331428