This impressive investment property offers substantial returns and a well thought-out layout.
Consisting of four 2 bedroom units, the property is earning a decent return of $840 per week in rent.
Only 3 of the units are tenanted, meaning this is a very flexible property- rent out the 4th unit and maximise your returns, or move into it and keep the other three tenanted and earning money! The choice is yours!
All three sets of tenants are on 6 month leases. The fourth unit was tenanted up until January 2014 and was earning $280 per week in rent- therefore this property has potential returns of up to $1120 per week!!
Each unit is equipped with 1 bathroom, an efficient fully functional kitchen, open plan living/dining area and a lock-up garage for secure vehicle parking.
The property is situated in a convenient location within walking distance of public transport, the university, schools, and shops- so it’s within easy reach of everything you or your tenants need.
Don’t miss out on this excellent investment opportunity, contact the office today to book an inspection!!