Are you ready to take your investment strategy to the next level?
This outstanding complex of 14 well-maintained one-bedroom units at 1-14/28 Petherton Road, Davoren Park presents an exceptional opportunity for consistent, high-yield returns.
The property includes:
• 14 well-designed one-bedroom units
• Off-street parking for all tenants
A hassle-free investment with strong rental demand, this is a rare chance to secure a profitable, low-maintenance asset in a prime location.
Why This Property Is a Smart Investment
• Located in a high-demand rental area, these units offer a steady stream of prospective tenants, ensuring strong occupancy rates and reliable income.
• A rental appraisal estimates potential earnings of $4,480 per week or over $232,960 per annum (update with appraisal figure), delivering immediate and substantial returns.
Prime Location, Prime Returns
Situated in the rapidly developing Davoren Park area, this property puts tenants within easy reach of:
• Shopping precincts, including Elizabeth City Centre
• Public transport - trains and buses for effortless commuting
• Local schools, community hubs, and green spaces
• Cafés, restaurants, and everyday conveniences
With consistent demand for affordable, well-located rental properties, this is a secure, future-proof investment in a thriving location.
Key Benefits
• Uniform Unit Mix - Fourteen 1-bedroom units to suit singles, couples, and retirees.
• Comfort & Convenience - Each unit features split system air conditioning for year-round comfort.
• Low Maintenance - Solid brick construction for durability and minimal upkeep.
• Appealing Outdoor Space - Neatly presented common areas enhance liveability and tenant satisfaction.
• Immediate Income - High tenant demand means strong occupancy rates and reliable cash flow.
• Future Growth Potential - Significant land size offering redevelopment or value-add opportunities.
Seize This Opportunity Now
This isn't just a property - it's a strategic move to build long-term wealth. With strong rental demand, a prime location, and excellent redevelopment potential, now is the time to secure these 14 units and watch your investment grow.
Don't miss out - contact Michael Gleeson on 0430 525 333 today for more information or to arrange a viewing.
RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. The rental appraisal figures were provided by an independent property manager and are estimations only. All due diligence should be done by interested parties beforehand.
