The Headline Figures
• Total Weekly Rental Income: $1,625/week
• Annual Gross Revenue: $84,500 per annum
• Asset Age: Under 12 months old with a depreciation schedule prepared and available at request
• Title Structure: Single Title (Five income streams, zero body corporate/strata fees)
The Investment Case
Purpose-built high-yield assets under 12 months old are exceptionally rare in today's market. 61 Boles Street represents a premium, low-maintenance portfolio-in-a-box, offering immediate cash flow with zero vacancy from day one.
By securing five individual tenancies under one single title, you effectively eliminate the friction and overhead of traditional multi-unit investments while maximizing your risk diversification. If one tenant moves out, your asset still operates at 80% capacity.
Key Asset Strengths
• Premium Cash Flow & Yield: Each of the 5 fully furnished studios is currently locked into a stable lease at $325 per week.
• Potential Tax Advantages: Being less than a year old a comprehensive, professional depreciation schedule has already been prepared and is available for immediate review.
• Turnkey & Low Overhead: Every studio is completely furnished with high-quality, durable inclusions. Fitted with keyless digital locks, split-system air conditioning, ceiling fans, and security screens, the property is designed for hands-off, hassle-free management.
• Strategic Growth Location: Situated in a high-demand pocket close to major shopping centres, medical hubs, schools, and transit links. This central convenience ensures a perpetual tenant pipeline and robust historical occupancy rates.
Whether you are looking to aggressively scale your existing portfolio's yield or secure a defensive, high-performance asset with immediate returns, 61 Boles Street demands your attention. This asset is fully tenanted and ready for a seamless settlement. For a copy of the contract, tenancy agreements, or the prepared depreciation schedule, contact the listing agent, Ben Crick 0487 123 288 today.
Disclaimer: All information provided in this listing is deemed reliable but is not guaranteed and should be independently verified. Ray White Gladstone makes no
warranties or representations as to the accuracy, completeness, or suitability of the information contained herein, including but not limited to, property boundaries,
financial figures or taxation advice. Prospective buyers are strongly advised to conduct their own due diligence, inspections, and consultations with relevant professionals before making any financial commitments.
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