Discover a lucrative investment opportunity with this block of five well-presented brick units located at 5 Dennis Street. Ideal for investors seeking multiple income streams and portfolio expansion, in total, the units generate a weekly income of $1,020, offering an impressive 8.5% rent return.
These units feature one bedroom, an open kitchen/living area, and a spacious bathroom/laundry, providing comfortable living spaces for tenants.
With its strong rental returns and low maintenance requirements, these units represents a compelling investment opportunity. Don't miss out on the chance to grow your investment portfolio and secure consistent returns. Contact Charmaine on 0428 656 181 for more information or inspection on this promising investment prospect.
FOR THE INVESTOR
All units are tenanted in fixed tenancy agreements.
Rent per week: $200 (Units 9-12) $220 (Unit 13) Total = $1,020
Rent return: 8.5%
Land: 1,330m2
Year Built: 1976
Equivalent main area: 239m2
Council Rates: $$1,583.61 pa (per unit) (2024/25)
Zoning: Suburban Neighbourhood
Easements: No
Water available: Yes
Sewer available: Yes
Additionally, when looking at properties it's important to have confidence in how much you can borrow. Ray White has partnered with Loan Market who can make this simple and stress free for you. As our customer, you'll receive a complimentary, obligation free chat with our local broker to discuss your options and tailor a lending solution to suit your needs. If you would like to speed up the process, click on the link below to get started today.
https://broker.loanmarket.com.au/natasha-davis/contact/
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.
