Delivering an impressive 5.3% return on investment, this character-filled three-bedroom home presents a compelling opportunity for savvy investors seeking immediate income with future upside.
Currently leased at $495 per week — inclusive of lawn and cleaning services — and secured until October 2026, the property offers stable, low-maintenance returns from day one.
High ceilings and timber flooring enhance the sense of space throughout, while modern blinds and straightforward finishes ensure practical, tenant-friendly living. All three bedrooms are fitted with ceiling fans, with the two front rooms carpeted and the main bedroom featuring classic timber floors and a decorative mantle.
The timber kitchen provides generous storage, a Norfolk wall-mounted oven and grill, and gas cooktop, flowing into the open living area with direct backyard access — a functional layout that continues to appeal to renters.
A bathroom with shower-over-bath, separate laundry, garden shed, rear carport and convenient rear-lane access further strengthen the property's rental appeal. Positioned on a generous block, the home also offers scope for future upgrades to enhance capital growth over time.
With strong current income, long-term tenancy in place and value-add potential, this is an investment that balances return, security and opportunity.
Annual Rates: $2206.22
Disclaimer:
*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
