Full Disclosure: Virtual furniture has been used for presentation purposes.
An outstanding opportunity to secure a solid block of 4 units on one title, offering immediate income and strong future growth potential.
Current Income: $76,180 p.a. (Approx. 6.6% ROI @ $1,160,000)
Upside Potential: Current market rents for comparable units are higher - rental increases can be applied as leases expire.
Projected 2026 Income: $81,000+ p.a. (Approx. 7%+ ROI @ $1,160,000)
Outgoings (Approximate)
Council Rates: $11,000 p.a.
Strata Insurance: $2,100 p.a.
Common Area Maintenance (lawn mowing etc.): $2,112 p.a.
Single Title = No Body Corporate fees
Higher net yield
Property Features
Block Size: 809m²
Configuration:
2-bedroom, 1-bathroom units
Open-plan living & dining
1 carport per unit
Compliance: Smoke alarms, electrical & maintenance all up to date
Additional Highlights
Solid, low-maintenance brick construction (pest-free)
Central location with bus routes nearby
In school catchments: Currajong State School & Pimlico State High School
Close to shops, cafes & amenities - ensuring consistent rental demand
The Investment Case
This is a rare chance to secure a quad-unit block (8 bedrooms, 4 bathrooms, 4 carports) on one freehold title. With low overheads, high rental demand, and clear upside in rental growth, it represents a smart addition to any portfolio.
Contact Paul and Mel for more information
