Here lies an affordable, straightforward investment opportunity comprising two attached one bedroom, one bathroom dwellings on a 531 sqm block, offering an existing rental income.
Each unit features:
• One bedroom
• One bathroom
• Electric kitchen
• Living room
• Internal laundry
• Split-system air conditioning
Current rental income:
• Unit 1: $190 per week - lease expires November 2026
• Unit 2: $190 per week - lease expires December 2026
• Combined rental: $380 per week
• Annual rental income: $19,760
Approximate annual outgoings:
• Land rates: $2,883.99
• Water access charge: $306.99
• Water usage: approximately $529.24 per year (average of the last invoices)
A basic, functional property suited to investors looking for an established rental arrangement and the potential to improve the properties with a view to increase future rental income.
Due to the properties being tenanted, inspections are strictly as per the advertised times. At the request of the tenants, no video walkthrough is available for this property.
To book your inspection or learn more about this property, contact listing agents Caley Mok on 0437 007 303 or Adam Gambrill on 0417 533 453.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.
*approximate
