Fantastic Rental Return

66 Denise Street, Lake Heights, 2502

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1,250,000 AUDEst. Mortgage: AUD 8,783/monthFor Sale
  • Ownership Type House
  • Property Area 613 sqft
  • Bedrooms 5
  • Bathrooms 3
  • Furnished No
  • Last Updated 19th Jun, 2023

Amenities

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

Property Overview

Looking for a lucrative investment opportunity? Look no further! This property offers a solid low maintenance investment with an impressive rental return of $1055 per week. Whether it's your first property or a valuable addition to your investment portfolio, seize this chance now!<br/><br/>Here's what this amazing property has to offer;<br/><br/>Unit 1: A spacious 3 bedroom flat that rents for $520 per week<br/>Unit 2: A cozy bedsitter, perfect for tenants, generating $235 per week<br/>Unit 3: A comfortable 1 bedroom flat commanding a rental income of $300 per week<br/><br/>Conveniently situated in a prime location, this property provides easy access to nearby schools and is only a short 5 minute drive (approx.) away from a major shopping centre, restaurants, movie theatres, medical facilities and super store district.<br/><br/>Set on an elevated block, this property offers a pleasant outlook. With a generous land size of approximately 624m2, there's even potential for a second dwelling or granny flat at the rear (Subject to Council Approval), providing an additional income stream.<br/><br/>Lake Illawarra is less than 4 minutes away (approx.), while Port Kembla beach is a mere 10 minute drive (approx.), making it an added attraction for prospective tenants.<br/><br/>Don't miss out on this fantastic investment opportunity! Come and see for yourself what this property has to offer. Located in the highly convenient Illawarra area, it's a solid choice for astute investors.<br/><br/>This property is an excellent proposition that deserves your consideration. Secure your financial future today!

Location on Google Map

66 Denise Street, Lake Heights, 2502

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