An exceptional opportunity awaits the savvy investor seeking a quality, income-producing asset with strong returns and future potential.
Set on a generous parcel of land of just under half an acre, this well-maintained complex comprises five fully leased units, providing immediate rental income from long-term, reliable tenants. With the potential for future development (STCA) and the possibility of strata titling the existing units, this is an investment that offers both security today and exciting opportunities for tomorrow.
Each of the five units has been thoughtfully designed for comfortable, low-maintenance living and features:
Property Features:
Five fully leased units with long-term tenants in place
Two generous bedrooms with built-in robes
Tidy bathroom with shower and vanity
Separate toilet
Open-plan living and dining area
Functional kitchen with upright oven and ample storage
Air conditioning and ceiling fans throughout
Separate laundry with convenient ramp access to the clothesline
Security screens throughout
Single remote-control garage with internal access
Private front patio with drop-down blinds
Solid block construction
Complex Features:
Large allotment of just under half an acre
Potential for future development (subject to council approval)
Opportunity to strata title the existing units
Concrete driveway throughout the complex
Low-maintenance landscaped gardens
Strong rental return with all units currently tenanted
Convenient location close to shopping centres, schools, restaurants, and everyday amenities
Whether you're looking to expand your portfolio or secure a substantial investment with future upside, this outstanding property deserves your attention.
For further information, please contact Bodie Weir on 0434 718 052.
Please note: All units are currently tenanted. Inspections are strictly by appointment only and must be accompanied by the agent.
Features
10 bedrooms
5 bathrooms
directions_car5 carspaces
directions_car5 garage spaces
0 m² floor area
crop_free1987 m² lot size
cottageUnit
Property history for 17 Ramsey Road
2014
Sold
$750,000
Private Sale/Treaty on 07 Jul 2014
Happy sellers in Southside
91%
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91% of sellers in Southside reported that their sale price either exceeded or met their price expectations.
Southside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 15 reviews in Southside over the last 12 months.
Local market activity for 10 bedroom units in Southside
Sold
For Sale
For Rent
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