• 4 x 2 bedroom units (fully furnished)
• NOT strata titled
• NO body corporate fees
• Cash flow POSITIVE
• Best Location
• Invest in Roma? WHY - our booming gas industry forecast, lack of rental accommodation
Fully Information Memorandum available by request.
This impressive double story block consists of four x two bedroom units, each boasting their own laundry, and private patio/balcony. Occupying 800 sqm of land, this property presents a remarkable opportunity as a low maintenance, excellent rental yield investment. Its proximity to local amenities including both schools, hospital and parks adds to its appeal.
Meticulously renovated with generous floorplans, creating a sense of timeless elegance and high-end finishes catering to professional tenants, ensuring both style and functionality in every detail.
Key Features:
• Four x two bedroom units each with excellent sized built in bedrooms and open plan living areas boasting a modern, white kitchen at the centre of its entertainment space between the living and dining
• Modern bathrooms with toilet, vanity and showers. Downstairs units have laundry facilities in that space
• Split systems air conditioning throughout each unit (both bedrooms plus the living area)
• Two x two six metre carports with concrete driveway access
• Low maintenance lawn and garden areas surrounding the complex, including separate grassed areas to the rear of units 2 and 4
• Each unit is fully furnished with an inventory list available on request
Approximately yielding a gross rental income of $104,000 pa with projected operating costs of $9,760, the approximate net yield of $95,000 pa places this property at the forefront of solid investments. The rental surge driven by Roma's expanding population and persistent undersupply of rental stock indicates a trend unlikely to wane.
What sets 105 Bowen Street apart is its commitment to design and deluxe with high-end finishes, impressively low outgoings, proven factual rents with room to grow, while boasting the lowest running costs on the market, with bare-bones maintenance and no body corporate fees, providing the best net return.
Contact Morgan Rowbotham to arrange an inspection on 0419 850 369 or for an information memorandum, email - morgan.rowbotham@raywhite.com
