Offering the ideal combination of immediate rental income, a secure tenancy and future development potential, 19 East Street is an investment opportunity that ticks all the right boxes.
Positioned on a generous 660sqm (approx.) corner allotment, this well-maintained property is currently leased at $620 per week until January 2027, providing investors with peace of mind and an established income stream from settlement.
Inside, the home offers three well-proportioned bedrooms, high ceilings and spacious living areas that continue to attract quality tenants. The bathroom has been tastefully updated with modern finishes, while the functional kitchen and adjoining dining area provide practical everyday living. Split-system air conditioning and a wood heater ensure year-round comfort, further enhancing the home's rental appeal.
Step outside and you'll find even more value. A covered entertaining area overlooks the fully fenced backyard, while the large double garage shed provides excellent storage, workshop space or secure parking.
What truly sets this property apart is its corner block position. Subject to the necessary approvals, there is potential to further enhance the property's value with the addition of a granny flat or secondary dwelling (STCA), creating an exciting opportunity to increase future rental returns.
Whether you're looking to expand your portfolio with a property that offers strong cash flow today and future potential tomorrow, or you're searching for a quality investment in a consistently sought-after location, 19 East Street deserves your attention.
Property Highlights
Securely leased at $620 per week until January 2027
660sqm (approx.) corner block
Potential for a granny flat or secondary dwelling (STCA)
Three generous bedrooms
Updated bathroom with modern finishes
Spacious living area with high ceilings
Functional kitchen and dining area
Split-system air conditioning and wood heater
Covered outdoor entertaining area
Large double garage shed
Fully fenced yard
Year Built: Approx. 1960
Council Rates: $2,671.06 per annum
Disclaimer:
All information contained herein is gathered from third-party sources we deem to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own independent enquiries and not on the information contained herein. Figures and details are subject to change without further notice.
