Set on a prominent corner block of approximately 1214sqm, this outstanding property presents four single-level three-bedroom units, each designed for comfort and convenience with strong investment appeal. The location could not be better, with a bus stop right at your doorstep and ample off-street parking available on Cleveland Street.
Renovated in 2014 to a consistent standard, every unit features modern updates including stylish bathrooms, contemporary kitchens, quality floor coverings, and upgraded electrical and plumbing throughout. All bedrooms are fitted with mirrored robes, while each unit also boasts a separate bath, separate toilet, separate laundry, and the practicality of a single garage with additional space for a second vehicle.
Currently fully tenanted, the property offers immediate income with Unit 1 returning $400 per week, Unit 2 at $380 per week, Unit 3 at $450 per week, and Unit 4 at $400 per week. With some rents sitting below the median for three-bedroom units in St Albans, there is excellent scope for future rental growth and increased returns.
Whether you are seeking to expand your portfolio or secure a rare multi-unit holding in a thriving, well-connected location, this is an investment opportunity not to be overlooked.
