This dual-tenanted opportunity delivers the ideal blend of secure returns, established tenancies and effortless day-to-day management - all positioned in the heart of the Wauchope CBD.
The Numbers:
Total Weekly Return: $935
Annual Gross Return: $48,620
Approx. Gross Yield: 5.86%
The Property:
Set on a single title, this well-maintained investment consists of two fully self-contained dwellings:
The Main Home – 42 Waugh Street
A neatly presented three-bedroom home offering strong tenant appeal and stable income.
Features include:
- Light-filled open living and dining zone
- Well-kept kitchen and bathroom amenities
- Three generous bedrooms, each with storage
- Low-maintenance flooring and neutral interiors
- Private yard space, ideal for long-term tenancy retention
- Off-street parking and easy access to local conveniences
- The home has been consistently cared for and provides investors with a reliable, low-maintenance centrepiece to the dual-income setup.
The Granny Flat – 42A Waugh Street
A fully self-contained one-bedroom flat, modern and functional, with:
Open-plan living
Well-equipped kitchenette
Combined bathroom/laundry
Separate access from the main residence
Strong rental demand from singles, couples, or downsizers
Location Benefits:
Premium in-town position moments from shops, cafés, medical centres and transport
Approximately 1km from Wauchope CBD
High-demand area ensuring ongoing tenant interest
Flat, walkable location ideal for renters of all ages
With reliable long-term tenants already in place and a solid dual-income stream, this is an investment that offers instant cash flow and minimal downtime.
A high-performing, low-maintenance asset like this is rarely available - act now to secure a standout addition to your portfolio.
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
