This investment opportunity offers strong rental returns with even more potential for growth. With tenants currently on a periodic lease at $370 per week and looking to move out, investors have the flexibility to secure new tenants at market rent or make value-adding improvements. A recent rental appraisal estimates $420-$450 per week, ensuring a solid yield.
Key Investment Features:
- 879m2 Block
- Strong rental demand with room for an increase
- Classic high-set home with character features
- Spacious yard with future value-adding potential
- Close to Rockhampton CBD, transport, and amenities
The last rent increase was May 13, 2022, meaning there's room to capitalize on the current market. Whether you're expanding your portfolio or securing your first investment, this property is a smart choice.
Contact Jackson Rees on 0434 274 467 Today!
