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1-3/16 Symons Street

Wendouree VIC 3355

4
3
3
0 m²
806 m²
Block of units
Currently for sale - view listing

Overview

Strong Investment Opportunity with Three Tenanted Units

Presenting an excellent investment opportunity at 1-3/16 Symons Street, Wendouree, comprising a block of three units, all currently tenanted and providing an immediate rental income stream. Unit 1 offers two bedrooms, both complete with built-in robes, a functional kitchen with gas upright stove, and a combined bathroom and laundry. The unit also includes a single carport with an additional storeroom. Unit 2 features a one-bedroom layout with built-in robes, an open-plan living area, a functional kitchen with gas upright stove, and a combined bathroom and laundry. Completing the unit is a single carport with an additional storeroom. Unit 3 also comprises one bedroom with built-in robes, open-plan living, a functional kitchen with gas upright stove, and a combined bathroom and laundry, along with a single carport and storeroom. With all three units currently tenanted, the property offers an approximate annual rental return of $48,880, representing an estimated 6% return. An appealing opportunity for investors seeking an established income-producing property with three separate rental incomes.

Features

4 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
0 m² floor area
806 m² lot size
Block of units

Happy sellers in Wendouree

82%
82% of sellers in Wendouree reported that their sale price either exceeded or met their price expectations.

Wendouree stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Wendouree over the last 12 months.

Local market activity for 4 bedroom block of units in Wendouree

In the last 12 months, 1 four-bedroom block of units similar to 1-3/16 Symons Street, have been sold.

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