Here is a prime investment opportunity that is offering strong immediate returns but also enticing future development potential (STCA).
Set on a generous allotment of just over 1,000m², the property currently consists of two well-maintained brick homes, each offering:
2 spacious bedrooms
Galley-style kitchens
Exposed brick interiors for low-maintenance living
Tiled roofs and separate carports
Combined, these homes return $635 per week, making this an excellent turnkey investment. And with ample land still available on the block, there may be scope to construct a third dwelling (STCA) and further enhance your yield.
Perfectly positioned just steps from Federation University, IBM, and the Technology Park, with shops and public transport nearby, this property has consistently enjoyed strong tenant demand.
Whether you're an astute investor seeking solid returns or looking for a site with development upside, this unique opportunity deserves your attention.
For further details, contact Luke Veal on 0438 302 805.
