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Introducing a remarkable investment opportunity in the heart of Atherton, just moments away from the CBD. This masonry block triplex, nestled on an expansive half-acre lot, offers an ideal proposition for the savvy investor.
Each of the three units boasts a generous 2-bedroom, 1-bathroom layout, providing comfortable living spaces for tenants. The well-maintained interiors are a testament to the excellent condition these units are in, with no immediate renovations or repairs needed.
The property also includes a convenient single-bay carport for each unit, ensuring residents have a hassle-free parking experience and a wide concrete driveway making access a breeze.
What sets this investment apart is the vast potential it holds. At the rear of the property, there is vacant land that was previously approved for the development of two additional units (New approval would be required). This presents a golden opportunity to expand your investment portfolio or increase your rental income potential.
With all units currently rented, you can enjoy steady cash flow from day one. Atherton's thriving rental market ensures great returns on your long-term investment. Plus, the proximity to the Atherton CBD means that your tenants will enjoy easy access to shopping, dining, and all the conveniences of urban living.
Don't miss out on this exceptional investment property in Atherton. Whether you're a seasoned investor or just starting your real estate journey, this triplex is a golden opportunity to secure a stable, income-generating asset with the potential for growth. Contact Exclusive Marketing Agent Kaydee Chatfield 0417 468 941 at Main Street Real Estate today to schedule a viewing and explore the endless possibilities this property has to offer.