Positive Cashflow Residential Property Investment - est $2100/wk rental

71 Winifred Street, Kuraby, 4112

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1,395,000 AUDEst. Mortgage: AUD 9,802/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 455 sqft
  • Bedrooms 5
  • Bathrooms 5
  • Furnished No
  • Last Updated 19th Dec, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Courtyard
  • Open Spaces: 2
  • Air Conditioning
  • Built-in Wardrobes
  • Split-system Air Conditioning

Property Overview

An exceptional investment opportunity in Kuraby’s leafy nature precinct and only 550m to Kuraby Train Station. <br/><br/>This brand new fully furnished five bedroom single storey rooming house on 455m2. Each room is complete with ensuite, individual kitchenettes, air conditioned living space and private landscaped courtyard. The common area includes a full kitchen with oven, cooktop and rangehood and laundry facilities with 2 x WM. The property has 15kw solar system installed for energy efficiency. The property presents an exciting proposition for the savvy investor.<br/><br/>Certified as a Class 1b dwelling gives the right to lease each rooms individually, ideal for tenants that are looking for single occupancy spaces with modern, high quality furniture with utilities included. Currently vacant the property can be sold with vacant possession. Otherwise, can easily be tenanted with an appraised rental of $420-$440 per week per room. Therefore, total annual rent for the house will be approximately $110,000.<br/><br/>Features:<br/>- Five individual living spaces comprising, bedroom, bathroom and internal and external living space<br/>- Share laundry and full-size kitchen<br/>- Abundance of natural light, neutral colour tones and quality finishes throughout<br/>- Air conditioning, electric hot water system and 15kw solar system<br/>- Certified as a Class 1b dwelling allowing each room to be leased individually<br/>- Smart door locks on front door and individual rooms providing for keyless access and remote management<br/>- Appraised rental return of $110k<br/>- High quality build, fixtures and furniture throughout.<br/>- Fully landscaped including full irrigation system.<br/><br/>Note: There are 2 houses available side by side and can be purchased as a pair.<br/>

Location on Google Map

71 Winifred Street, Kuraby, 4112

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