A fantastic three tier investment option with loads of upside. Consisting of three freestanding two bedroom properties with solid returns and great long term tenants.
Villas 1,2 & 3
- Kitchen features electric oven & cooktop with generous bench & cupboard space
- built-in robes to both bedrooms
- ducted evaporative cooling & gas heating
- Open plan living
- Single garage with internal access
- Relaxing pergola area & small enclosed rear yard.
Villa 1 – also has split system heating & cooling. Villa 3 – has remote garage door
Additional features – high ceilings, loads of natural light, meticulously maintained, security screen doors, private location
Villa 1 – $280 per week
Villa 2 – $270 per week
Villa 3 – $285 per week
Yearly income of $43,420 and a 6.49% gross return at asking price.
Rates – $3,778p.a
Land – 1053sqm
Currently on one title, NO strata.
Moments to The Rules Club and South City shopping centre.
For more information please contact Mathew Longmore on 0407 100892
|R&H Suburb Summary||Houses|
|Number of sales||118|
|Median Rental Price||$360 p.w.|
|Change in Rental Rate (5yr)||7 %|
|R&H Suburb Summary||Units|
|Number of sales||12|
|Median Rental Price||$310 p.w.|
|Change in Rental Rate (5yr)||8 %|