Some properties make good investments on paper. Others have a track record that speaks for itself. 12 Len Cook Drive is one of them, having been successfully leased to the same tenants for approximately 10 years and currently returning $510 per week.
With the current tenancy due to conclude on 16 September, this is an exciting opportunity for the next owner to take advantage of a property with an established rental history while having the flexibility to decide what comes next — whether that means securing a new tenant, reviewing the rental potential or making it their own home.
The four-bedroom home offers the space and features that have made it such a successful rental, beginning with a spacious master bedroom complete with walk-in robe, ensuite and split system air conditioning. The remaining bedrooms feature built-in robes, providing plenty of storage, while the central living area creates a comfortable hub for the home.
The modern kitchen is well equipped with stainless steel appliances, natural gas cooking and a dishwasher, while ducted heating throughout ensures year-round comfort. A central bathroom and separate laundry add to the home's functionality.
Outside, established landscaped gardens create an appealing setting without the upkeep of a high-maintenance property, while the generous backyard provides plenty of space to enjoy. A double lock-up garage completes the package with secure parking and additional storage.
The combination of a 10-year tenancy, proven rental return and the flexibility that comes with vacant possession makes this a particularly appealing opportunity for investors and owner-occupiers alike.
With the hard work of establishing the property as a successful rental already done, the next chapter of 12 Len Cook Drive is ready to begin.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
