An exceptional high-yield investment opportunity offering dual income streams and opportunity for future expansion.
This fully renovated 7 bedroom, 2 bathroom property is currently achieving $2200 per week.
The residence is leased to a company tenant at $2,000 per week until December 2026, providing strong and secure rental income. An additional $200 per week is achieved through a weekly storage rate of $200 per week bringing the total current return to $2,200 per week.
The property has been renovated from top to bottom and designed for comfortable accommodation living, with each bedroom fitted with split system air conditioning, TV, furniture and secure electronic keypad entry on each door.
The home also features:
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Modern open-plan kitchen with two ovens, two fridges, freezer & dishwasher
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Large communal dining area
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Two modern bathrooms
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Internal laundry with multiple washers and dryers
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Sparkling in-ground swimming pool with undercover entertaining area
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Two external entertaining areas attached to residence
Outside offers secure parking, caravan access including sewage tie in point, fully reticulated low-maintenance gardens and solar powered access gates for driveways at front and rear in addition to pin code entry on the pedestrian gate.
There is also opportunity for future expansion (STCA) with plans drawn up to expand the property into an 11 bedroom, 6 bathroom accommodation facility, unlocking significant additional rental potential and value.
Current Rental Income: $2,200 per week
Council Rates: Approx. $2,968 p/a
Opportunities like this are rare. For more information, please contact: Wanil Cho 0421737607
