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15-17 Schwinghammer Street, South Grafton, NSW 2460, 4 Bedrooms, 2 Bathrooms, Apartment

$550,000

15-17 Schwinghammer Street, South Grafton, NSW 2460

4
2
2
734m2
ApartmentListed on Thu Sep 26
Price drop

South Grafton 4 Bedroom An Investors Delight! check out this ROI

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.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
South Grafton Public School
0.61 km
Primary
K-6
Government
icsea: 920
South Grafton High School
1.46 km
Secondary
7-12
Government
icsea: 892

South Grafton surrounding data

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Ref:2467621Last update:2025-01-13 05:59:51