1 Jarrah Street

Leeton NSW 2705

693 m²

House

Currently for sale - view listing

Overview

Quality Duplex Investment Opportunity

Positioned in a convenient location within Leeton, 1-1A Jarrah Street presents an excellent opportunity for investors seeking a solid, low-maintenance property with immediate rental income and strong long-term potential. Offering dual occupancy on one title, this duplex is perfectly suited for those looking to expand their investment portfolio with a secure income-producing asset. The property comprises two spacious 3-bedroom units, each designed to provide comfortable and practical living for long-term tenants. All bedrooms in both residences feature wall-to-wall carpet, creating a warm and inviting atmosphere while enhancing everyday comfort. Each unit is fitted with a wall-mounted reverse cycle air-conditioning system, ensuring year-round comfort for occupants. For added convenience and functionality, both residences also include their own electric hot water system (OPHWS) and private clothesline facilities, providing essential everyday practicality for tenants. Adding significant appeal for investors, both units are currently tenanted, with one unit leased at $255 per week and the second achieving $320 per week, generating a strong combined rental return of $575 per week. With established tenancies already in place, purchasers can benefit from immediate income from settlement with no vacancy downtime. Offering the advantage of two income streams from a single property, this duplex is a fantastic opportunity for buyers seeking a dependable investment with excellent rental performance and future growth potential. Whether you are looking to grow your property portfolio or secure a reliable long-term investment, 1-1A Jarrah Street delivers affordability, functionality, and strong returns in a sought-after regional market.