*Due to tenant privacy historic photos are used (04/2024)
Positioned in a modern residential estate, 47 Frangipani Drive offers a low-maintenance brick home with a practical family layout and an excellent tenancy already in place. Currently tenanted at $610 per week until 05/05/2027, this property presents a strong set-and-forget investment opportunity with an approximate gross return of $31,720 per annum.
Inside, the home features a spacious open-plan living and dining area with timber-look flooring, split-system air-conditioning and direct access to the covered outdoor patio. The kitchen is neat and functional, offering good bench space, electric cooking, dishwasher, tiled flooring and a practical layout overlooking the living zone.
The home includes four bedrooms, with ceiling fans and built-in storage. The main bedroom is serviced by its own ensuite and walk in robe, while the family bathroom offers a separate shower, bath and vanity, making the home well-suited to families or long-term tenants.
Outside, the property continues the low-maintenance theme with a fully fenced backyard, covered rear entertaining area, rainwater tank, clothesline and side service area. A double lock-up garage provides secure parking and additional storage space.
★ Currently tenanted at $610 per week until 05/05/2027
★ Approximate gross rental return of $31,720 per annum
★ Open-plan living and dining area with split-system air-conditioning
★ Modern kitchen with dishwasher, electric cooking and good storage
★ Family bathroom with separate shower and bath
★ Ceiling fans and built-in robes visible in bedrooms
★ Covered rear patio overlooking fenced backyard
★ Rainwater tank and low-maintenance yard
★ Brick construction in a modern residential area
With a secure lease already in place and a practical, easy-care design, 47 Frangipani Drive is an ideal option for investors seeking a modern home with immediate rental income.