Positioned in a convenient Somerville location, this solid brick and iron unit presents an excellent opportunity for investors seeking a low-maintenance property with immediate rental income.
Currently leased at $2,520.24 per month until June 2026, the property offers a steady return while featuring many of the practical elements tenants look for.
Property Features
• Brick & iron construction – durable and low maintenance
• Evaporative air conditioning plus split systems for year-round comfort
• Combined bathroom & laundry for practical use of space
• Generous rear yard – larger than many comparable units
• Dedicated parking space included
• Well-suited to the strong local rental market
Outgoings
• Council rates: $2,269.86 pa
• Water rates: $290 pa (approx.)
• Strata fees: $708.65 per quarter
With its solid construction, desirable tenant features, and secure lease already in place, this property represents a set-and-forget investment opportunity in a consistently strong rental market.
Get in touch with Fayth on 0427 737 206 to find out more!
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