A fantastic dual-income opportunity for the astute investor seeking immediate returns in a highly convenient location. Split into two self-contained one-bedroom units, this well-maintained property is ideally positioned close to the Rutherford shopping precinct, public transport, local schools and just a short 5-minute drive to Maitland CBD, ensuring ongoing tenant demand and long-term investment confidence.
Both units are currently leased to quality tenants, delivering a combined return of $670 per week, with a recently issued rental increase for Unit B set to take effect in April, increasing the total return to $690 per week. This represents an attractive current yield of approximately 4.7%, rising to 4.8% once the April increase comes into place, making this a smart and secure addition to any investment portfolio.
Each self-contained unit features a spacious main bedroom complete with its own private ensuite, a modern kitchen and a functional layout designed for comfortable everyday living. Outdoors, the property offers a fenced yard providing a usable outdoor space for tenants, along with convenient undercover parking positioned at the rear. With strong rental performance already established, quality tenants in place and a prime location close to all essential amenities, this is a standout dual-income investment opportunity not to be missed.
This property is proudly marketed by The Mick Haggarty Team. Contact 0408 021 921 or 4933 5544 for further information or to arrange a private inspection.
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Disclaimer: All information provided is from sources we believe to be reliable; however, we cannot guarantee its accuracy, and prospective buyers should conduct their own enquiries.
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