Positioned to deliver immediate rental income with a long-term tenancy already in place, this well-maintained property presents an excellent opportunity for investors seeking strong returns and reliable cash flow.
Currently leased until June 2027 at $450 per week, the property offers an attractive gross rental yield of approximately 6.7% based on the asking price of $350,000.
Situated on a generous 688sqm parcel of land, the home offers three bedrooms, one bathroom and an open plan living and dining area, complemented by a functional kitchen and split system air conditioning for year-round comfort.
Outside, the property provides a practical and low-maintenance setting with a patio for outdoor entertaining, reticulated gardens, a secure fenced yard, a garden shed, concrete driveway and the added benefit of cyclone screens to the windows. The property is also connected to deep sewer, adding further appeal for investors.
Investment properties with secure long-term leases and attractive returns continue to be in strong demand. Contact Team McKenzie today for further information or to request a copy of the lease agreement and supporting due diligence documents.
Council Rates approx. $2881.43 p.a
Water Rates: $1,643.28 p.a
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate but may be subject to change without warning at any time, which is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the Agent and are expressly excluded from any contract.
