This freshly updated 4-bedroom home offers excellent value for investors seeking strong returns and minimal maintenance. Located in a high-demand rental area, this property is already tenanted at $450/week, with recent upgrades that enhance appeal and durability-making it a turnkey investment with income from day one.
π Property Highlights:
β 4 bedrooms with built-ins
β Open plan living and dining
β Interior freshly painted
β Outside verandah painted
β New step treads
β New carpet throughout the house
β New vinyl flooring in bathroom, toilet, and laundry
β New A/C in main bedroom
β New light shades and feature wall
β New toilet
β Split-system air conditioning
β Polished timber floors
β Solar hot water system
β Fully fenced yard with deck and shed
β Single carport + off-street parking
β Side access
β NBN (FTTN) + 5G mobile coverage
π Financial Snapshot:
β Rental Income: $450/week (currently tenanted)
β Council Rates: ~$3,900/year
β Water Rates: ~$200/year
β Estimated Gross Yield: ~10.2%
β No flood, bushfire, or heritage overlays
π Location Benefits:
β Close to Dysart State School & High School
β Strong rental demand from mining workforce
β Quiet residential street with family-friendly appeal
This is a rare opportunity to secure a high-yielding, low-maintenance investment in a thriving regional town. With all the hard work done and a tenant already in place, 10 Menzies Street is ready to deliver returns from day one.