Positioned in a convenient Heatley location this high set duplex offers a straightforward investment with immediate income from both sides. Set on a fully fenced block with a lockable front fence each unit has its own separate access and good size backyard creating privacy and practicality for tenants.
Upstairs on both sides you are welcomed by a front porch leading into an open plan living dining and kitchen area. The layout is simple and functional with two bedrooms each including built in wardrobes. The bathroom features a shower over bath with a separate toilet which is always a sought after design for shared living.
Downstairs each side provides lockable car accommodation along with additional storage and a dedicated laundry space. This adds value for tenants and helps keep the upper level living areas uncluttered.
Both units are currently tenanted providing immediate rental return with secure lease terms already in place.
Unit 1: $300 per week leased until 13 July 2026 last increase 19 October 2025
Rental appraisal: $420 to $430 per week
Unit 2: $300 per week leased until 11 May 2026 last increase 11 July 2025
Rental appraisal: $420 to $430 per week
Total rates including water for a 6 month period: $4,058.90
This is a clean low fuss investment in a strong rental area with reliable income from day one and clear upside to increase returns moving forward.
assignmentLooking for more information on 21 Rhodes Street?
Explore comparables, sales history and growth for this property.
