If you're looking to add a high-performing freehold residential complex to your portfolio with strong income and minimal maintenance requirements, 8 Yulin Avenue presents a rare opportunity to secure just that.
Constructed in December 2021, this near-new complex comprises 13 units on a single title (no strata), providing investors with the simplicity of one well-built, low-maintenance asset combined with the security of multiple income streams.
With ongoing leases, strong depreciation benefits and very attractive returns, this is a true turnkey investment offering a net yield of approximately 7.78%.
Property Overview:
Total dwellings: 13 units
Configuration:
10 x 1 bedroom / 1 bathroom units
1 x 2 bedroom / 1 bathroom unit
1 x 2 bedroom / 2 bathroom unit
1 x 3 bedroom / 2 bathroom unit (operated as short-term accommodation)
Well sized private courtyards
Ample parking, with most spaces undercover
Modern finishes including gas cooking, gas hot water, reverse-cycle air conditioning, stone benchtops and individual laundry facilities
Low-maintenance construction
Approximately 7.78% net return
Stronge Depreciation benefits available
Low-maintenance design
Turnkey investment - established and performing
Multiple income streams
Modern construction (2021 build)
