Discover a great investment opportunity with this brick veneer 1/2 maisonette.
Currently tenanted on a fixed term lease to Feb 2025, at $265 per week, this property offers a gross return of approx 7.85% on the full purchase price. A good little earner with a solid rental history.
Featuring three bedrooms, this home provides comfortable accommodation for tenants. Eat-in kitchen and with timber floorboards throughout adding a touch of warmth and character. The living room is equipped with a wall air-conditioner, ensuring year-round comfort.
The original bathroom, though modest, is functional and a single carport offers convenient off-street parking.
This property's location is another highlight, within walking distance to the Ryan Mitchell Swimming Pool, Kindy, Primary School and handy Deli, making it an appealing choice.
FAQ
Certificates of Title - one CT
Strata or Community Title - NO, is Torrens Titled
Current rent - $265 p.w
Current lease - 14/02/2024 - 13/02/2025
Easements - Party Wall Rights & Service Easement(s) for drainage purposes.
Council Rates - 2023/2024 Rates are $2,275.56 p.a