This investment property makes perfect sense.
Here is a free-standing three-bedroom, three-bathroom house converted to three self-contained units. Each unit has full kitchen and bathroom facilities.
Generating impressive an impressive 6.1% – 6.6% gross ROI, this investment beats the 1% bank rate for your money’s attention. Perfect for a super fund.
Depending on your needs, it offers great options. It’s perfect as an income-producing investment, or you could live in unit and continue generating income form the other two units.
The property could also be returned to a single dwelling easily once the leases expire.
The property sits on a whopping 684m2 corner position land. The yard is large enough to make further improvements if needed, although it already has two large garden sheds and there’s already an inground swimming pool in the estate.
There’s plenty of additional parking and it’s conveniently located across the road from an excellent local shopping centre, sports club & sporting fields, waterways and schools. Public transport passing out front.
There are 3 genuine long-term tenants in place and as such inspections are limited.
Contact us now for a more detailed Information Memorandum (IM) and see why this investment makes perfect sense.
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