Purpose-built for room-by-room accommodation, fully furnished and returning $800 per week. A smart investment opportunity with great tenants already in place.
If you're looking for an investment property with an established rental model and a location close to the University, Unit 2 at Littler Place deserves your attention.
Purpose-built for room-by-room accommodation, this three-bedroom property offers a practical layout designed around the needs of individual tenants. Each bedroom has its own ensuite, providing an added level of privacy and convenience that is highly suited to shared accommodation. With three bedrooms and 3.5 bathrooms in total, the configuration is a standout feature for investors seeking a property specifically designed for this style of rental.
Fully furnished and currently returning $800 per week, the property offers an established income stream with great tenants already in place. The existing room-by-room rental arrangement provides an appealing starting point for a new owner, while the furnished setup means the accommodation is already equipped for its intended use.
The property's low-maintenance investment appeal is another key attraction. Rather than purchasing a conventional home and having to adapt it for shared accommodation, buyers have the advantage of a property designed for this purpose from the outset. Its location near the University further supports its appeal to the student and shared-accommodation rental market.
The current weekly rental return equates to $41,600 gross per annum, assuming 52 weeks at the stated rent. For investors assessing their next acquisition, this provides a clear starting point when evaluating potential returns alongside operating costs, maintenance, insurance and vacancy allowances.
An opportunity to secure two investments
There is also the opportunity to purchase Unit 3 at Littler Place, a larger five-bedroom, 4.5-bathroom property currently returning $1,100 per week. Like Unit 2, it is purpose-built for room-by-room accommodation, fully furnished and has great tenants in place.
Buy either property individually or investigate the opportunity to secure both, with combined stated rental income of $1,900 per week, an attractive prospect for investors looking to expand their property holdings in the same location.
With its ensuite bedrooms, purpose-built design, furnished accommodation and established rental income, Unit 2 offers an appealing addition to an investment portfolio.
