Investors - here's one you've been waiting for. Literally a skip down the hill to the University, so its perfect for students, construction workers, the list goes on. Yes it could do with a tidy up, but the cashflow will assist with that. Set on a 564 square metre (more or less) section in the sought after Residential 2 zone under the 2GP plan, this well-located property combines immediate rental returns with excellent long-term potential, making it a compelling option for astute investors.
The home features three bedrooms, one bathroom with a separate toilet, and an elevated position that captures the late afternoon sun. Two off-street parks add further practicality and appeal for tenants.
Currently tenanted at $500 per week on a fixed-term lease until 26 December 2025, the property offers secure income from day one. With a proven track record of performance over the past decade, it's now surplus to requirements and ready for new ownership.
Whether you're seeking to landbank for future growth, develop to
