1 & 2/54 Undurra Drive

Glenfield Park NSW 2650

0 m²

800 m²

Block of units

Currently for sale - view listing

Overview

Rare Investment Opportunity in Glenfield Park

Welcoming to the market a rare and exciting opportunity for investors looking to secure a well-maintained dual-unit complex in the sought-after suburb of Glenfield Park. Positioned on one title, this unique property comprises two freestanding brick units both featuring 2 bedrooms, 1 bathroom, a single lock up garage. Additional features include reverse cycle climate control, ceiling fans, an internal laundry and a low maintenance courtyard. Both units are currently lease, providing an attractive income stream from day one with a 4.2% gross yield and combined gross income of $41,600 per year. UNIT 1 Lease period: 11/08/2025 - 10/08/2027 Rent per week: $380 Potential for a rental review at the end of the noted fixed term lease. UNIT 2 Lease period: 05/10/2026 -04/10/2027 Rent per week: $420 This rental figure per week was reviewed when it was recently re-leased. Ideally positioned within the thriving property market of Glenfield Park, Southcity Shopping Centre (Coles, BWS, KFC, pharmacy, dining and specialty retailers) is minutes away. Aldi, schools, childcare, medical services and sporting facilities are close by. The Wagga Wagga CBD is approximately 5–6 km away and the airport approximately 16 km. Opportunities of this nature are rarely offered in the Glenfield Park market. With two separate dwellings, secure tenancy and a convenient location, this is an investment not to be missed. A detailed information memorandum is on offer for all interested buyers. Disclaimer: *All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.