Positioned in the sought-after Desert Springs precinct, 1/2 Caterpillar Court presents an outstanding opportunity for investors seeking strong rental returns, low-maintenance living, and long-term growth potential.
Set within a boutique complex of only three units, this two-level property offers a versatile and highly desirable layout. The home features three well-proportioned bedrooms, including a ground-floor bedroom ideal for shared living or multi-generational tenancy, and two bedrooms upstairs.
The main bedroom includes a private ensuite and balcony with elevated views over the Todd River, enhancing lifestyle appeal and rental desirability.
A standout feature is the expansive open-plan living area, offering exceptional space and flow to a private courtyard — a key drawcard for tenants. The well-appointed kitchen includes ample storage and overlooks the outdoor entertaining area, combining functionality with convenience.
Adding further value, the property is equipped with solar panels and a battery system, delivering energy efficiency and reduced utility costs — an increasingly attractive feature for tenants and a long-term cost benefit for investors.
Investment Highlights:
$720 per week rental income - lease in place til 20 July 2026
Approx. 7.27% gross rental yield
Boutique complex of only 3 units
Flexible 3-bedroom configuration appealing to a wide tenant market
Main bedroom with ensuite, balcony, and views
Spacious open-plan living with private courtyard
Solar power system with battery (reduced running costs)
Excellent storage throughout
Located close to popular dining options, Desert Springs Golf Club, and health facilities, and just minutes from the town centre, this property is perfectly positioned to attract and retain quality tenants.
With strong cash flow, premium location, and added energy efficiency, this is a high-performing investment opportunity ready to deliver immediate returns.
No strata costs
Council rates $2,178.00 pa
Contact Gloria today 0459 932 370