Welcome to 1/14 Deighton Street, Mornington – a well-maintained, renovated two-bedroom unit offering comfortable, low-maintenance living and an appealing investment opportunity.
Of solid block construction, the unit underwent extensive renovations in 2022, including a new kitchen, updated bathroom, flooring, split-system air conditioning and electrical upgrades.
The renovated kitchen offers plenty of bench and cupboard space and flows into the spacious living and dining area. Both bedrooms are generously sized, while the combined bathroom features a large vanity, shower and toilet.
Tiled throughout for easy care and maintenance, the unit is fully air-conditioned with split systems for year-round comfort. Security screens provide added peace of mind, while outside, the fully fenced and gated private yard offers a secure space to relax, entertain or enjoy your own private outdoor area.
A single undercover carport completes this low-maintenance property.
Currently achieving an impressive gross return of 10.2%, Unit 1 offers an established income stream from day one. The current lease also includes a contracted rental increase in mid-2027, further strengthening its appeal as a long-term investment.
**A Bigger Investment Opportunity**
Unit 1 forms part of a six-unit complex at 14 Deighton Street, with all six units currently available for purchase. Buyers have the flexibility to secure Unit 1 individually, purchase multiple units, or enquire about purchasing the entire six-unit complex as one investment.
The complex is currently fully leased to a single government-funded organisation, with the tenancy commencing in 2024 and secured under lease until 2028, offering an attractive proposition for investors seeking an established tenancy.
The complex comprises predominantly two-bedroom units, with Unit 5 offering three-bedroom accommodation. Unit 6 also includes a large shed with double hinged doors for its exclusive private use.
Whether you're looking to add a single property to your portfolio, expand your holdings with multiple units, or secure the entire six-unit complex, 14 Deighton Street presents a unique investment opportunity with multiple purchasing options available.
Contact us today for further information or to arrange an inspection.
Disclaimer: 4825 Realty has taken reasonable steps to ensure the accuracy of this advertisement. However, as much of the information has been provided by third parties, we accept no responsibility and disclaim all liability for any errors, omissions, or inaccuracies. Prospective purchasers should conduct their own enquiries, inspections, and seek independent legal advice.
