This freshly updated 4-bedroom home offers excellent value for investors seeking strong returns and minimal maintenance. Located in a high-demand rental area, this property is already tenanted at $450 per week, with recent upgrades that enhance appeal and durability-making it a turnkey investment with income from day one.
š Property Highlights:
ā 4 bedrooms with built-ins
ā Open plan living and dining
ā Interior freshly painted
ā Outside verandah painted
ā New step treads
ā New carpet throughout the house
ā New vinyl flooring in bathroom, toilet, and laundry
ā New A/C in main bedroom
ā New light shades and feature wall
ā New toilet
ā Split-system air conditioning
ā Polished timber floors
ā Solar hot water system
ā Fully fenced yard with deck and shed
ā Single carport + off-street parking
ā Side access
ā NBN (FTTN) + 5G mobile coverage
š Financial Snapshot:
ā Rental Income: $450/week (currently tenanted)
ā Council Rates: ~$3,900/year
ā Water Rates: ~$200/year
ā Estimated Gross Yield: ~10.2%
ā No flood, bushfire, or heritage overlays
š Location Benefits:
ā Close to Dysart State School & High School
ā Strong rental demand from mining workforce
ā Quiet residential street with family-friendly appeal
This is a rare opportunity to secure a high-yielding, low-maintenance investment in a thriving regional town. With all the hard work done and a tenant already in place, 10 Menzies Street is ready to deliver returns from day one.
