This real estate property is an excellent investment opportunity, featuring four units on one title with a combined rental return of $1070 per week. This real estate opportunity is sure to provide a solid return on investment. The property was fully renovated in 2019, ensuring that tenants will have a modern, comfortable and safe living environment. <br/><br/>The renovations included:<br/>• Upgrading the roof to make it insulated and cyclone-proof.<br/>• Installing four brand new bathrooms, and fitting out each unit with a new kitchen.<br/>• New reverse cycle split system air conditioning, which provides comfortable heating and cooling.<br/>• Fully rewired, with a new upgraded switchboard, new fans and LED downlights throughout, as well as a full plumbing upgrade. <br/>• Each unit has a new electric hot water system, ensuring a reliable and energy-efficient supply of hot water.<br/>• The bedrooms have new carpet, while the windows have been replaced with new ones featuring screens throughout the units. Two units feature polished timber floors, while the other two units have vinyl planking.<br/>• Each unit has been individually fenced, allowing tenants to accommodate small pets if desired. <br/><br/>3D tour link for the units is available on request.<br/><br/>Features:<br/>• 4 x One Bedroom units.<br/>• One Bathroom to each unit.<br/>• One open car space to each unit.<br/>• The split system air-conditioning provided in each living room is sufficient to cool the entire unit.<br/>• The sleek and stylish open plan kitchen features cabinet space and an electric cooker in each nit.<br/>• Independent laundry facility for each unit.<br/><br/>Additional information:<br/>• Annual rental return of spprox. $58,000 per year.<br/>• Opportunity to earn a staggering 8.25% - 8.5% rental yield.<br/>• Prominent location ensuring low vacancy throughout the year.<br/>• Council rates approx. $9,970 per annum.<br/>• These units are not strata titled, making them an excellent investment opportunity for those looking to own multiple rental properties on a single title.<br/><br/>If you are keen to know more, please contact Varun Pinto on 0449 567 443.<br/><br/>Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product.<br/><br/>
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