Exceptional multi-tenancy investment on an oversized block with significant development upside. Currently generating $1,910 per week across four separate tenancies (3 x 2-bedroom, 1 x 3-bedroom), this property delivers strong immediate returns with future capital growth potential.
Investment Highlights:
• Proven rental income of $99,320 per annum
• 2,852m² land holding – rare in today's market
• Four independent income streams minimizing vacancy risk
• Development-ready site with subdivision potential (STCA)
Location Strengths: Singleton's economic diversity creates exceptional rental stability. The combination of mining sector employment, Singleton Military Area personnel, and Hunter Valley tourism ensures consistent tenant demand across economic cycles.
Connectivity:
• Central Singleton position near schools, retail, and services
• Hunter Expressway access
• 1 hour to Newcastle
• 1 hour 45 minutes to Hornsby
This is a genuine dual-play investment: collect premium returns today while holding a substantial land bank for tomorrow's development opportunity.