Opportunities like this don’t come around often — a character-filled property delivering immediate income, exceptional rental potential and a location that continues to perform. Held by a long-term tenant since 2014, this solid investment is already generating reliable returns, with even greater upside available through future rental growth.
Perfectly positioned opposite parkland and moments from the CBD, hospital, aquatic centre, doctors and train station, this spacious home offers the ideal combination of convenience and versatility. From its decorative ceilings and generous living zones to its enclosed entertaining spaces and solar efficiency, this is a property designed to attract and retain quality tenants for years to come.
Property Features:
• Long-term tenant in place since 2014
• Currently leased at $200 per week
• Approx. 5.2% gross return
• Estimated rental potential of $260 per week
• Approx. 6.76% gross return potential
• Two large bedrooms
• Third bedroom or versatile sleep-out
• Spacious kitchen with adjoining dining area
• Separate lounge room
• Huge enclosed entertaining area or second living space
• Enclosed verandah offering additional functionality
• Bathroom with shower over bath
• Separate toilet
• Ducted evaporative and split system air conditioning
• Decorative ceilings
• Security grills for added peace of mind
• Solar panels for energy efficiency
• Prime location close to all major amenities and directly opposite parkland
With strong returns, flexible living spaces and an unbeatable location, this property represents a smart investment with enduring appeal and future potential.
Secure your next investment success with Hennessy Real Estate — contact Jason on 0429 994 071 today to arrange your inspection and secure this outstanding opportunity.
Ducted Cooling
Solar Panels
Split System Aircon