An outstanding opportunity for investors, this property offers six hotel-style, self-contained studio units in a quiet East Parkes location. Positioned to provide consistent rental income, this complex is an excellent addition to any income-based investment portfolio.
Each unit features one bedroom, one bathroom and a kitchenette, providing comfortable, low-maintenance living for tenants. The complex also includes a shared laundry facility for added convenience. Recently refreshed with new carpet and fresh paint, the units present neatly and are ready to continue generating income.
All units are equipped with reverse cycle air conditioning, ensuring year-round comfort and appealing accommodation for occupants.
Importantly, the complex has maintained an exceptionally low vacancy rate during the current ownership, highlighting the strong rental demand and reliable occupancy this property offers.
Current rental details include:
• Unit 1 - $175 per week, fully furnished
• Unit 2 - $175 per week, furnished bedset
• Unit 3 - $175 per week, furnished bedset
• Unit 4 - $175 per week, furnished bedset
• Unit 5 - $175 per week, furnished bedset
• Unit 6 - $175 per week, furnished
With multiple income streams from six individual units, this property presents a rare opportunity to secure a compact unit complex.
Contact selling agent Jim O'Donoghue today for further information.
Council rates: $4,713.58 per annum
