Rare opportunity to invest in bricks & mortar with this modern, low maintenance, unit complex, located in a very quiet, West end location, set on a huge 1250 sq.m block and currently returning $44,980 p.a.
Add to your investment portfolio or Super fund with this proven rental performing unit complex comprising 4 x 2 bedroom units, 3 of which have been recently renovated , all separately titled and fully leased with amazing tenants!!
Unit 1- Fairly original, very neat and tidy and really well maintained. 2 bedroom with robes, open plan kitchen- living with a split-system, courtyard, garden shed and carport. Currently rented at $155 p/w with a fixed lease until October 2023. Current market rent would be $280 p/w.
Unit 2- This unit has had the most recent renovations. Stylish through-out with a modern kitchen and bathroom, new floor & window coverings, paint and light fittings, 2 bedrooms with robes, dishwasher, gas heater and split-system. Single carport, garden shed and courtyard. Currently rented at $250 p/w in a fixed lease until May 2024. Current market rent would be $330 p/w.
Unit 3- Recently renovated and has a nice modern feel. Open plan living with a gas heater and split-system for year round comfort, well designed kitchen with electric cooking and a dishwasher, modern floor & window coverings, paint and light fittings through -out and 2 bedrooms with robes. Single carport and a great size yard. Currently rented at $230 p/w in a fixed lease until August 2024. Current market rent would be $320 p/w.
Unit 4- Set at the rear of the complex. Also recently renovated with a North facing living area which is open plan to the kitchen which boasts a gas cooktop, dishwasher and breakfast bar. Modern bathroom, floor and window coverings, 2 bedrooms with robes and a single carport. Currently rented at $230 p/w in a fixed lease until December 2023. Current market rent would be $320 p/w.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does
not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.