Positioned in a sought-after pocket of Drouin, 16 Skipton Street presents an outstanding opportunity for investors seeking a well-maintained property with reliable rental income and quality long-term tenants already in place. Currently leased until May 2027, this is a genuine set-and-forget investment.
Set on approximately 626m², this modern four-bedroom, three living area, two-bathroom home has been thoughtfully updated throughout, ensuring minimal maintenance and strong tenant appeal for years to come.
The home features a freshly repainted interior in modern neutral tones, hybrid vinyl flooring through the main living areas, and quality carpet to all bedrooms installed approximately 18 months ago. Three split-system air conditioners located in the master bedroom, kitchen and living area provide year-round comfort, while the spacious undercover alfresco offers an attractive outdoor living space highly sought after by tenants.
The refreshed front gardens add to the property's presentation and street appeal, helping to maintain strong rental demand in this growing and popular estate.
Investment Highlights:
Secure lease in place until May 2027- with long term tenants
Quality tenants currently occupying the property
Approximate rental yield of 4.3%
Potential for future rental growth as market conditions continue to strengthen
Low-maintenance 626m² allotment (approx.)
Four bedrooms, three living, two bathrooms and double garage
Freshly updated throughout with modern finishes
Large undercover alfresco area
6.66kw, 18 panel solar system
Strong tenant appeal in a growing Drouin location
Located within easy reach of schools, parks, shopping and transport, this property offers investors the ideal combination of immediate income, long-term security and future growth potential.
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
