Three units, SOLID CONSTRUCTION, three LONG-TERM tenants. One outstanding investment opportunity. RETURNING 8.28% you don't want to miss this.
Positioned right in the centre of Emerald, 1 Baker Street offers the rare opportunity to secure a solid brick triplex within easy walking distance of shops, cafes, schools, parks and all the conveniences of town.
Set on one property and three seperate titles, the complex comprises three two-bedroom units, each offering comfortable living, private outdoor space and secure long-term tenancy - making this a fantastic addition to an investment portfolio or an opportunity for an investor looking to secure a strong rental return from day one.
Each unit features:
• 2 bedrooms with built-in wardrobes, ceiling fans & split system air conditioning
• Air conditioning to the living area
• 1 modern bathroom
• Concrete filled brick walls
• European-style laundry
• Functional kitchen
• Security screens to windows and doors
• Private courtyard
• Garden shed
• Dedicated 2 car accommodation
The property provides six-car accommodation across the three units, adding further appeal for tenants and helping set this complex apart.
All three units are currently secured with long-term tenants:
• Unit 1 - $420 per week
• Unit 2 - $440 per week
• Unit 3 - $460 per week
Total rental income: $1,320 per week
That's an IMPRESSIVE $69,000* per annum in gross rental income, with the added benefit of three separate tenancies rather than relying on a single tenant.
With its central location, established brick construction, individual courtyards, secure accommodation and strong rental demand, this is the type of property that offers investors both immediate income and long-term potential.
If you're looking for a low-fuss investment with three income streams in the heart of Emerald, 1 Baker Street is well worth inspecting.
Contact us today to arrange your inspection.
*approx
Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this advertisement.
