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Description: An exceptional opportunity for savvy investors - acquire all four units within one well-positioned complex and secure a diversified residential income stream from day one.
Offering four separate 2-bedroom units, this tightly held investment provides the rare combination of multiple rental incomes, low vacancy risk through diversification, north-facing living, private outdoor spaces and car accommodation.
The numbers that matter:
4 x 2-bedroom units
4 x bathrooms with internal laundry & bathtub
4 x carports plus a additional visitors car space
No Strata
Combined rental income: $91,780pa (approx.)
Gross approximate yield 5.3%
FOUR UNITS - FOUR INCOME STREAMS
Unit 1 - Ground Floor
Neat and tidy, north-facing ground-floor unit featuring a private courtyard.
Current rent: $410pw
Unit 2 - Ground Floor
Well-positioned ground-floor unit with a sunroom and private north-facing courtyard.
Current rent: $450pw
Unit 3 - Top Floor
Neat and tidy top-floor residence enjoying a north-facing balcony.
Current rent: $435pw
Unit 4 - Top Floor
Freshly enhanced with a new kitchen and new paint, this top-floor unit also enjoys a north-facing balcony.
Current rent: $470pw
Combined rental income: $91,780pa (approx.)
- Rare Investment Opportunity - Secure all four units within one well-positioned complex, offering a diversified residential investment with four separate income streams.
- Strong Rental Return - Combined rental income of approximately $91,780 per annum, delivering an attractive gross yield of around 5.3%.
- Four Self-Contained Residences - Each unit features two bedrooms, a bathroom, internal laundry and bathtub, appealing to a broad range of tenants.
- No Strata Fees - Enjoy greater control over the property and avoid ongoing strata levies.
- North-Facing Living & Outdoor Appeal - All four units benefit from desirable north-facing aspects, with private courtyards, a sunroom or balconies.
- Excellent Tenant Convenience - Four dedicated carports plus an additional visitor parking space, with Unit 4 further enhanced by a new kitchen and fresh paint.
Land Size: 898m2 (approx.) - Rates: $10,265pa (approx.)
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