What a fantastic small scale investment opportunity!
This solid complex of 5 x 2 bed/1 bath units sits on a 1012m2 block located only 500m to the beach, close to 2 main schools, major shopping and industrial areas. If you are looking for a low maintenance investment opportunity then look no further, this set up is ideal for the savvy investor who wants a low-key investment opportunity.
The property includes 5 tenanted, 2 bed/1 bath units , 1 long carport with 5 parking spots, common gardens and a common driveway. All units are currently leased with fantastic long term tenants. Total current rent $1740 p/w approx. an amazing annual income of over $90,000 per year! Savvy investors could see a potential 6-7% gross yield with this investment property.
Unit 1 - Lease to 22/01/2026 - $350.00 per week
Unit 2 - Lease to 07/10/2025 - 659.01 per fortnight
Unit 3 - Lease to 26/08/2025 - $350.00 per week
Unit 4 - Lease to 01/05/2026 - $699.01 per fortnight
Unit 5 - Lease to 01/02/2026 - $360.00 per week
This property is not strata titled, units are sold as one lot.
Land is zoned medium density.
Call or email me now for more information on this property.
