If you're looking for a genuine set-and-forget investment, 2/85 Varden Street offers an excellent opportunity to secure a furnished two-bedroom unit with a strong existing rental return and a long-term tenant already in place.
Currently leased until February 2027 at $630 per week, allowing the new owner to enjoy an immediate income stream without the hassle of finding a tenant.
This Brick & Iron unit features two well-sized bedrooms, both complete with mirrored built-in robes, along with a practical bathroom incorporating the laundry.
Outside, a paved courtyard provides a low-maintenance outdoor area for your tenants to relax. Equipped with evaporative cooling, providing comfort for the occupants year-round.
Property Features:
• 2 bedrooms, both with built-in robes
• Approx. Block Size:120 m2
• 1 bathroom with combined laundry
• Fully furnished
• Evaporative cooling
• Electric hot water system
• Electric cooking
• Paved courtyard
• Leased at $630 per week until February 2027
• Approx. 7.8% gross rental return
• Council rates: approx. $2,323.35 p/a
• Strata levies: approx. $2,806.60 p/a
• Water rates: approx. $261.36 p/a
Whether you're a seasoned investor or looking to add a straightforward property to your portfolio, 2/85 Varden Street is well worth considering.
For more information or to organise a viewing please call Taylor Nancarrow Martin on 0447 466 244 or sales@ecre.com.au
