Positioned on a generous 1,030sqm (approx.) block, 24 Mathews Street presents an outstanding opportunity for investors seeking a strong rental return and dual-income potential.
Featuring two separate 2-bedroom units, each with its own yard, this property offers flexibility, privacy and an impressive income stream.
Property Features:
• 2x 2-bedroom units
• Separate yards for each unit
• Carpet & vertical blinds to bedrooms
• Wall unit air conditioning to Unit A
• Split system air conditioning to Unit B
• Large 1,030sqm block approx.
• Unit A leased at $245 per week and locked in until April 2027
• Unit B leased at $275 per week and locked in until March 2027
• Combined rental income of $520 per week
• Annual rental income of $27,040 for an approx. 10% gross rental return!
• Separately water metered
• Rates: $4,496.40 per annum approx. for the 2026/27 financial year
• Lot 13, DP554679
With both units currently leased, this is an opportunity to secure a solid investment with immediate
