An exceptional investment opportunity awaits with this well-maintained four-unit complex, set on a generous parcel of land in a quiet and convenient location. Solidly built in brick veneer with a tiled roof, the property offers long-term reliability and low-maintenance living, ideal for both tenants and investors seeking a secure addition to their portfolio.
Each of the four units features a spacious open-plan living and dining area, comfortably equipped with heating, cooling and NBN connection. Well-presented kitchens provide practical layouts with good storage and electric appliances, while neat bathrooms and internal laundries add to the ease of everyday living. Two well-sized bedrooms in each unit come complete with built-in wardrobes and window furnishings, creating comfortable private spaces for residents. Front patios offer a pleasant place to relax outdoors, with open yard areas, tidy lawns and communal clotheslines enhancing the appeal of the complex.
The property includes off-street parking for all units, individual letterboxes and secure fencing around the boundaries. With long-standing tenants and leases already in place, the complex offers immediate income and a strong rental history. Producing a combined gross return of approximately $66,040 per annum, this is a rare chance to secure a dependable, income-generating asset in an established area.
With its solid construction, excellent occupancy, and minimal ongoing upkeep, this four-unit offering is perfectly suited for the astute investor looking for long-term stability and strong returns.
Main Features
• Four-unit brick veneer complex with a strong annual return of approx. $66,040.
• All units offer two bedrooms with built-in wardrobes.
• Spacious open-plan living with heating, cooling and NBN.
• Updated kitchens in units 2 and 4 with modern appliances.
• Aquamax electric hot water systems in every unit.
• Neat bathrooms and laundries with external access.
• Set on 1,347sqm block with secure Colorbond fencing.
• Front patios and open yard spaces plus communal clotheslines.
• Four off-street parking spaces and individual letterboxes.
• Strong tenancy profile with long-term leases in place.
• Year Built Approx. 1990's
• Annual Rates Approx. $6,683.25
