For Sale

1-3/16 Symons Street, Wendouree, VIC, 3355

$795,000 - $845,000

4
3
3
0 m²
806 m²

BlockOfUnits

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1 day on the market

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What's around 1-3/16 Symons Street

Strong Investment Opportunity with Three Tenanted Units

Presenting an excellent investment opportunity at 1-3/16 Symons Street, Wendouree, comprising a block of three units, all currently tenanted and providing an immediate rental income stream. Unit 1 offers two bedrooms, both complete with built-in robes, a functional kitchen with gas upright stove, and a combined bathroom and laundry. The unit also includes a single carport with an additional storeroom. Unit 2 features a one-bedroom layout with built-in robes, an open-plan living area, a functional kitchen with gas upright stove, and a combined bathroom and laundry. Completing the unit is a single carport with an additional storeroom. Unit 3 also comprises one bedroom with built-in robes, open-plan living, a functional kitchen with gas upright stove, and a combined bathroom and laundry, along with a single carport and storeroom. With all three units currently tenanted, the property offers an approximate annual rental return of $48,880, representing an estimated 6% return. An appealing opportunity for investors seeking an established income-producing property with three separate rental incomes.

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