1-3/100 Rustic Street

Koongal QLD 4701

910 m²

House

Currently for sale - view listing

Overview

Strong returns 6.84% gross, multiple incomes, low maintenance

Positioned on a generous 910m² corner block, this solid lowset brick triplex presents a rare opportunity to secure a high-performing, set-and-forget investment with excellent fundamentals. All three units have been fully upgraded, featuring modern stone benchtop kitchens, renovated bathrooms, fresh paint, and updated flooring throughout, meaning there's nothing left to do but collect the income. Each unit offers: + 2 well-sized bedrooms with built-in wardrobes + Fully Air conditioned throughout, complemented by ceiling fans + Functional layout with separate external laundries with storage + Dedicated carport for each tenancy Currently returning $1,250 per week with scope to increase to $1,350 per week, and with no body corporate fees, this is a set-and-forget investment with strong cash flow and future upside. The property is currently tenanted with quality occupants in place, providing immediate income and peace of mind for the incoming owner. Whether you're looking to expand your portfolio or secure a stable, low-maintenance asset, opportunities like this are hard to find particularly with the added benefit of a large landholding and proven rental performance. Contact Lachie Mulholland today for further information.