(UNDER OFFER)
Outstanding Investment Opportunity with Development Potential
Here is a rare chance to secure a high-performing asset with strong existing returns and exciting future possibilities. This well-maintained complex features four spacious 2-bedroom units, each currently tenanted and returning $200 per week, delivering a total of $800 per week in steady rental income.
Perfect for seasoned investors or those looking to enter the market with confidence, this property offers reliable cash flow and room to grow.
Each unit includes:
Two well-proportioned bedrooms
Built-in wardrobe in the main bedroom
Reverse cycle heating and cooling for year-round comfort
Spacious bathroom with shower over bath and integrated toilet
Private internal laundry
Undercover parking
All four units are currently tenanted, providing immediate income with minimal vacancy risk.
What sets this property apart is the large vacant block at the rear, offering significant development potential (STCA). Combined, the property sits on a substantial 3,339sqm allotment, ideal for additional dwellings, townhouses, or further expansion subject to council approval.
Key Features:
Fully tenanted complex with strong rental return
3,339sqm block including vacant land at the rear
Development potential (STCA)
Well-presented units in a convenient, high-demand location
Private parking and individual laundry facilities
Opportunities like this are hard to come by. Whether you're looking to expand your portfolio or develop for future gains, this property delivers both immediate rewards and long-term upside.
Auctions - Saturday 21st June At 10:00AM On Site (IF NOT SOLD PRIOR)
PLEASE NOTE- You are not to enter the property grounds under any circumstances unless accompanied by a North West Real Estate & Livestock representative.
