Looking for a cash-positive investment, with minimal outlays? The search is over!
Nestled just over the bridge from the CBD in Herriott Street, this charming three-bedroom property plus storage sheds presents an exceptional investment opportunity.
This property is currently returning $619pw (when fully tenanted). It is a mix of a residential home and 7 storage sheds.
This house boasts a modern kitchen designed to inspire culinary exploits and a spacious lounge that offers a serene outlook over the street scene.
For those seeking versatility, the sunroom at the rear doubles as a potential fourth bedroom or an alternative living area, catering to a range of tenant requirements. Comfort is a given all year round with the inclusion of a split system for heating and cooling.
Outdoors, the residence benefits from a fully fenced garden, ensuring privacy and security. Additionally, the property includes a tandem carport, accommodating up to two vehicles. Storage shed 1 is offered as a package deal to the tenant that rents to home.
The storage sheds comprise different shapes and sizes to accommodate everyone's needs and wants. All the current tenants in place are long-term and have rented the sheds for a number of years, there has been minimal change over of tenants.
Shed Rent $319pw
House Rent $300 pw
Total rent $619 pw
Rates: 2,739.42pa
NOTE: Water usage paid for by the owner, as only one meter for the property.
Electrical usage for shed 2,3,4&7 paid for by owner - sensor lighting in the storage shed.
Unit 5 & 6 are separately metered and tenants pay for own power usage.
Whether you're expanding your portfolio or embarking on your investment journey, this property ticks all the boxes with its blend of classic charm and modern functionality. Don't miss the chance to secure this appealing investment in the vibrant community of Deniliquin.
