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Welcome to 15-17 Schwinghammer Street. This property is a fantastic option for investors seeking a steady income stream. With tenants already in place, the hard work is done, allowing for immediate cash flow.
Key Features:
Units: Two separate units, each featuring:
2 bedrooms
1 bathroom
Living and dining space
Kitchen
Additional Amenities:
External laundry for each unit
Large 2-bay shed (currently rented for $75/week)
Current Tenancy:
Unit 15: Long-term tenant at $230/week
Unit 17: Periodic lease at $300/week
As of Mid February 2025 you can expect an increase of ROI:
Unit 15: will increase to $330/ per week rental return
Unit 17: will increase to $330/ per week rental return
Large 2-bay shed: $75/ per week
This will give you an ROI at 6.95% Gross.
This versatile investment offers both immediate returns and long-term growth potential. Don't miss out on this opportunity!
Don't hesitate to contact us today.
Alexandra Miller: 0406 545 946
DISCLAIMER All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy and prospective purchasers should rely on their own enquiries.