Positioned on a generous 612m² parcel in a tightly held CBD location, this well-maintained two-bedroom residence presents a compelling opportunity for investors seeking secure returns today with strong growth potential tomorrow.
Currently leased until December 2026 at $510 per week, 37 Stewart delivers immediate, reliable rental income while offering scope to further enhance value over time.
Highlights include:
- Secure tenancy in place: Fixed rental income with tenants secured until December 2026
- Strong rental appeal: Two spacious bedrooms with freestanding wardrobes, ideal for consistent tenant demand
- Functional living zones: Large lounge room plus a separate dining area, enhancing liveability
- Updated kitchen & bathroom: Modern kitchen with electric cooking & a contemporary bathroom with separate bath & shower, reducing short-term capital expenditure
- Year-round climate control: Reverse cycle heating & cooling supports tenant comfort & retention
- Land & development upside: Generous 612m² block with potential to add a second dwelling (STCA), creating future dual-income possibilities
- Prime CBD location: Central positioning underpins ongoing demand, low vacancy risk & long-term capital growth
- Secure parking: Single garage adds further rental appeal
With a solid income stream already in place & genuine potential to unlock additional value through future development or improvements, this property represents a smart addition to any investment portfolio.
Contact Mark Wilkinson today to arrange your private inspection & secure this high-potential CBD investment at 37 Stewart Street.
MARKETING DISCLAIMER All above information has been obtained from property owners and/or third-party sources. We have not verified the accuracy of the above information. We have no reason to doubt its accuracy, however we cannot guarantee it. We do not accept any responsibility to any person for its accuracy. All interested person/s should rely on their own enquiries.