1 John Street is a rare find in Yallourn North, perfectly positioned for investors seeking a solid, income producing property. This three bedroom home on an elevated 602m² block provides reliable rental income and opportunities to enhance the property over time.
Leased at $410 per week under a fixed tenancy until 30 September 2026, the property offers immediate rental income with a gross rental yield of approximately 6.2%. With some updates already completed, there's scope to further improve interiors and outdoor areas, offering potential for capital growth in line with market conditions.
Property Features:
- Secure Income with a lease in place until Sept 2026, rent stepping from $390/week to $410/week in Oct 2025.
- Most recent updated Interiors with modernised kitchen with stone benchtops, dishwasher, and near new appliances, plus a bathroom upgrade with walk in shower.
- Flexible Floorplan consists of 3 bedrooms plus a study/4th bedroom, perfect for attracting diverse tenants.
- Comfort & Practicality with split system air conditioning, separate dining, large laundry with second toilet.
- Elevated block with rear veranda with scenic views and room to enhance outdoor appeal for future value gains.
- This property is ideal for investors who are looking for a dual opportunity, earn consistent rental income from day one, and strategically add value through required upgrades.
With strong rental demand and a convenient location near shops, schools, and amenities, 1 John Street provides a well located option for investors looking for consistent rental income and the potential to improve the property over time.
Contact the team today to arrange a private inspection or find out more about this property.
Anthony Bloomfield – 0455 303 750
Josh Quigley – 0477 122 366
Brett Chapman – 0439 313 431
