Have you ever seen something with a gross yearly income OVER $100k?? Well, here is the absolute BEAST that is 194 Hamilton Street in Queens Park.

Sprawled over 1858m2 of prime Queens Park land and zoned R30, this completed development needs no work done to start getting a return on your investment.

Featuring 6 quality built, 3 bedroom 1 bathroom villas which are all currently leased on long term and fixed leases that total $100,360 in gross yearly income.

Villa features (All 6);
- Single carport/garage
- Lock up storage room
- Tiled living areas for easy maintenance
- Carpeted bedrooms
- Alarm system and panic button
- Gas hot water systems
- Reverse cycle AC in the main living and master bedroom
- Bathroom with shower and separate bath
- 2 toilets with 1 in the bathroom and 1 separate
- Dishwasher (included in the tenancy lease supplied by the owner)
- Gas cooktop in the kitchen
- 2nd and 3rd bedrooms with ceiling fans

** Please note, some above items are not reflected in the photos, with photo’s having been taken whilst the properties were vacant **

Sit this in your super fund or purchase outright for a very healthy return. Alternatively you can look to subdivide the site with minimal effort and cost, and be left with 6 individual villas that can be sold off in the future or retained long term.

All inspections must be arranged by appointment and confirmed with the tenants. Please do not knock on the doors of the units to try and inspect. Your respectfulness with regards to this is greatly appreciated.

For more information on this exciting and very unique opportunity, including the Property Title and other relevant information please send through an enquiry or give Cameron Smart a call today on 0411 598 969.