Positioned on a generous 881sqm parcel of land, this outstanding investment opportunity offers three fully tenanted villas, delivering immediate rental income with excellent scope for future growth.
Perfectly suited to savvy investors seeking a low-maintenance addition to their portfolio, the property combines solid current returns with value-add potential through cosmetic updates or more extensive renovations.
Each well-designed villa features:
• 2 bedrooms with built-in wardrobes
• Spacious lounge room with split system air conditioning
• Functional kitchen with electric cooking and adjoining dining area
• Bathroom complete with shower and bathtub
• Separate toilet
• Internal laundry located within the single garage
• Private backyard for each residence
• Single lock-up garage per villa
With a combined rental return of $1,370 per week, the property provides reliable cash flow from day one. Investors will also appreciate the opportunity to further increase returns through simple cosmetic improvements or future refurbishment strategies. We estimate in the current market, potential for $1,800 per week return through property enhancements.
Set on a substantial block with strong tenant appeal, this is an ideal opportunity to secure a rare multi-dwelling investment with immediate income and long-term potential.
Investment Highlights
• 881sqm block
• Three separately tenanted villas
• Strong combined rental income of $1,370 per week
• Potential to bring combined rental income to $1,800 per week
• Low-maintenance configuration
• Value-add and rental growth potential
• Excellent portfolio addition
• No strata
Disclaimer:
The information contained in this advertisement is obtained from sources we believe to be reliable, however, we cannot guarantee its accuracy and completeness. We accept no responsibility and disclaim all liability in respect of any errors, inaccuracies, or misstatements contained herein. Interested parties should make their own inquiries to verify the information contained in this advertisement. The information provided in this advertisement is intended to act as a messenger only in passing on details. Any personal information provided to us during the course of the campaign will be kept on our database for follow-up and to market other opportunities, unless instructed in writing to the contrary.
