Secure a high-yield, multi-income package deal in a high-demand growth pocket. This unique opportunity combines two secure rental incomes with a blank-canvas vacant blockgiving you immediate cash flow plus massive development potential.
Combined rental - $47,840 pa
The Portfolio Includes:
135 Harvey Road: Fully tenanted residential property returning $460 per week. (Price Range $580,000-$600,000)
1 Fatchen Street: Fully tenanted residential property returning $460 per week. (Price Range $580,000-$600,000)
1A Fatchen Street: Vacant Land Component: A clean parcel primed for immediate construction. A brand-new fence will be fully installed on the vacant land during the sales contract period. (Price Range $399,000-$419,000)
With formal subdivision already approved, you can purchase these properties individually or keep them combined on a single title. Title creation has begun and is awaiting final approval
Investment & Location Highlights:
Immediate Cash Flow: Collect $920 per week in combined rental income from day one while you plan your next move.
Premium Location: Unbeatable convenience - just minutes from the bustling Elizabeth City Centre, quality local schools and seamless public transport links.
Whether you want to build immediately or collect strong, reliable yields in a booming location, this package delivers unmatched versatility.
Further Property Information 135 Harvey Road:
Council Rates: Circa $1,900.00 per year
Rental Income: $460 per week,$23,920 per annum.
Built year: 1962
Further Property Information 1 Fatchen Street:
Council Rates - Circa $1,800.00 per year
Rental Income: $460 per week, $23,920 per annum.
Built year: 1962
Opportunities with this setup are incredibly rare. Act fast.
Contact us today for more information or to arrange an inspection.
Brett David: 0490 415 758 and Marissa Bowell: 0427 287 475
Please find a link to the online offer form - https://goo.gl/Df8mbU
Buyers' Agency Notice:
We will endeavour to assist with your enquiries and receive offers. As a matter of confidentiality and gathering accurate information and feedback for our vendors, please note that all contract discussions and contract matters will only be discussed with the offeree directly.
RLA 255336
