An Excellent Investment Opportunity With Immediate Returns

Address Available On Request, Mitchelton, 4053

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 480 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 18th Dec, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 2
  • Ensuite: 1

Property Overview

This two-storey family residence is comfortable, spacious and bright while offering a versatile real estate package with many options for its fortunate purchaser. The property is currently leased through Defence Housing and earning $650 per week in rental returns, giving its new owner a ready-made income stream from day one, with an annual rental review in line with CPI.<br/><br/>This quiet part of Mitchelton is highly sought-after because of its great convenience and close proximity to a range of amenities. From here you have quick and easy access to the Blackwood Street café precinct, as well as a range of quality schools and shopping options. There is also acres of parkland and Lockrose Street Playground just around the corner.<br/><br/>The home's interiors are well presented throughout with bright living and dining spaces and fresh modern decor. There are four good-sized bedrooms, a well-equipped kitchen, ensuite, full main bathroom and an extra powder room on the lower level, plus car accommodation for two vehicles. A fully fenced, low maintenance backyard is the perfect space for children to play and features a sheltered entertainment patio.<br/><br/>So, if you're looking for a high performing investment asset with guaranteed returns and a secure future, this first-rate property will tick all the boxes.<br/>Leased until June 2024, with DHA option to extend by another three years, which is considered likely to happen.<br/><br/>Features include:<br/><br/>• A great investment currently leased until June 2024<br/><br/>• Long term lease to the Defence Housing Authority (DHA)<br/><br/>• Well presented with separate formal and casual areas<br/><br/>• Four double bedrooms include a main with ensuite<br/><br/>• Low maintenance backyard with lawn and undercover patio<br/><br/>• Double lock-up garage plus a huge underhouse storage area<br/><br/>• Air-conditioning, ceiling fans, and excellent built-in storage<br/><br/>• Current Rent $650 per week - reviewed annually<br/><br/><br/>

Location on Google Map

Address Available On Request, Mitchelton, 4053

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