Offering two separate residences, established tenants and an impressive combined rental return, 61 Johnson Drive presents an exceptional opportunity for investors looking to secure a modern, low maintenance asset in the popular Hidden Valley Estate.
Less than five years old, this thoughtfully designed property combines a three bedroom, two bathroom residence with a separate two bedroom, one bathroom residence, providing two independent rental income streams from the one property.
Currently returning a combined $1,200 per week, the property generates $62,400 in gross rental income per annum, equating to an approximate 5.67% gross rental yield at $1,100,000.
Both residences have been designed to provide privacy and independence, with separate entrances, modern interiors, private outdoor areas and secure vehicle accommodation.
Three Bedroom Residence
The larger of the two residences offers three generous bedrooms, two bathrooms and a light filled open plan kitchen, living and dining area.
At the heart of the home is a contemporary kitchen featuring excellent storage, generous bench space and quality appliances. The open plan design flows effortlessly to the covered outdoor entertaining area and private fenced backyard, providing an easy care lifestyle with plenty of room to relax.
Air conditioning and modern finishes throughout further enhance the home's appeal to long term tenants.
This residence is currently rented for $650 per week, with the existing tenancy in place until September 2027.
Two Bedroom Residence
The second residence is far more than a traditional granny flat, providing a genuinely independent living arrangement with its own private entrance, secure garage, kitchen, bathroom, living area and outdoor space.
The modern kitchen offers excellent storage and quality appliances, while the air conditioned open plan living area connects with a private covered patio and fenced yard.
Two bedrooms and contemporary bathroom complete the residence, creating an attractive option for singles, couples and professionals.
This residence is currently rented for $550p.w 14/9, there is a planned increase to $580p.w.
Property Highlights
• Modern property less than five years old
• Two independent residences on one title
• Combined four bedrooms and three bathrooms
• Two secure garages
• Combined rental return of $1,200 per week
• $62,400 gross rental income per annum
• Approximate 5.67% gross rental yield at $1,100,000
• Three bedroom residence returning $650 per week
• Two bedroom residence increasing to $550 per week 14/9
• Existing tenancies providing immediate rental income
• Separate private entrances
• Modern kitchens with quality appliances
• Air conditioned living areas
• Contemporary bathrooms
• Private covered outdoor areas
• Separate fenced yards
• Modern, low maintenance construction
• Strong investment appeal with two income streams
For investors seeking more from their next property, 61 Johnson Drive delivers the combination that matters: modern construction, established tenants, two rental income streams and a strong return from day one.
With both residences already leased and generating a combined $1,200 per week, this is an opportunity to add a ready made income producing asset to your portfolio.
