A rare investment opportunity in South Bunbury delivering impressive returns and long-term security. Set on a 529m² block, this unique property offers three fully self-contained one-bedroom, one-bathroom residences, all with leases in place at $380 per week, generating a combined income of $1,140 per week
The main dwelling has been cleverly converted into two independent studio apartments, each with a functional open-plan layout, private bathroom and laundry facilities. A detached one-bedroom ancillary dwelling completes the trio. Each unit is fully furnished with a new fridge, washer and dryer, features reverse cycle air conditioning for year-round comfort, and includes their own parking bays upon a newly constructed and expansive asphalt driveway. Units have individual meters for ease of costs. Modern vinyl flooring and a neat, low-maintenance exterior ensure ease of upkeep for both owner and tenants.
With an approximate gross rental return of 8.5% and tenants already in place on long-term 12 month leases, this is an outstanding opportunity to secure a high-yield, low-maintenance asset close to shops, parks, schools and the beach. Ideal for investors seeking immediate income with minimal management or holding costs.
Property has no strata fees and council rates reflect this.
The potential is endless, maintain in current use with secure tenants in place, use units as short-term rentals as self contained which could double return, or utilise property as workforce accommodation removing the need for expensive hotel rooms that are in short supply.
Property Features:
• $59,280 p/a rental return
• 529m² block in South Bunbury
• Three self-contained one-bedroom, one-bathroom residences
• Main home divided into two studio apartments
• Separate rear granny flat / ancillary dwelling
• Each unit furnished with new fridge, washer & dryer
• Reverse cycle air conditioning throughout
• Modern vinyl flooring for low-maintenance living
• Individual parking bays
• 3 x secure 12 month leases at $380 per week per unit - $1140 per week total
• Approx. 8.7% gross rental return
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Barr and Standley Pty Ltd ABN 55 651 170 731
