SOLD
9 Bed
4 Bath
4 Car
2032 m²
400 m²
9 Bed
4 Bath
4 Car
2032 m²
400 m²
STRATA-TITLED HIGH YIELDING COMPLEX
An exceptional high-yielding investment opportunity with this strata-titled block of four units. This property includes three spacious two bedroom units and one generous three bedroom unit, all currently tenanted under good fixed term leases. With rent increases scheduled as they come due, you can look forward to steady and growing rental income.
This investment offers flexibility and security. The strata title allows for the potential to sell off individual units if desired, providing multiple exit strategies. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a reliable income stream, this property is an ideal choice.
Priced to reflect its sound investment potential, this block promises not just immediate returns but also long term value appreciation. The well maintained units and prime location ensure high tenant demand, minimizing vacancies and maximizing your returns. Don’t miss this chance to secure a solid, income-generating asset. Act now to capitalize on this rare opportunity!
From the Weekes Perspective:-
- Strata titled unit complex with impressive rental yields
- Fixed term leases in place with rent increases implemented
- Returning $1280 per week, current market value rent to be $365 for 2 bedrooms, $385 for 3 bedroom
- Afforable outgoings, council rates $6288 (approx) per half year inc water usage
- Retain the yield, potential to sell some off for future capital gain
- Conveniently located to the city centre, always a tenant in place
- Positioned on a huge 2032sqm land parcel