Opportunities like this don't come around often a character-filled property delivering immediate income, exceptional rental potential and a location that continues to perform. Held by a long-term tenant since 2014, this solid investment is already generating reliable returns, with even greater upside available through future rental growth.
Perfectly positioned opposite parkland and moments from the CBD, hospital, aquatic centre, doctors and train station, this spacious home offers the ideal combination of convenience and versatility. From its decorative ceilings and generous living zones to its enclosed entertaining spaces and solar efficiency, this is a property designed to attract and retain quality tenants for years to come.
Property Features:
Long-term tenant in place since 2014
Currently leased at $200 per week
Approx. 5.2% gross return
Estimated rental potential of $260 per week
Approx. 6.76% gross return potential
Two large bedrooms
Third bedroom or versatile sleep-out
Spacious kitchen with adjoining dining area
Separate lounge room
Huge enclosed entertaining area or second living space
Enclosed verandah offering additional functionality
Bathroom with shower over bath
Separate toilet
Ducted evaporative and split system air conditioning
Decorative ceilings
Security grills for added peace of mind
Solar panels for energy efficiency
Prime location close to all major amenities and directly opposite parkland
With strong returns, flexible living spaces and an unbeatable location, this property represents a smart investment with enduring appeal and future potential.
Secure your next investment success with Hennessy Real Estate contact Jason on 0429 994 071 today to arrange your inspection and secure this outstanding opportunity.
