A tenant is already in place on a lease until June 2027, paying $400pw, so the income starts from day one.
- Spacious main bedroom with ceiling fan
- Functional bathroom with bath/shower, toilet and vanity
- Open lounge and dining area with original floorboards
- Functional kitchen with freestanding stove and oven
- Open back patio connected to external laundry
- Future upside — renovate or knock down rebuild
Beyond the immediate return, the block holds real future value with basic renovations to lift rental yield, or knock down and rebuild to maximise the site's potential. Either way, you're buying a foothold with room to grow.
