Investors, take a serious look at the numbers here — because from a rental return and yield perspective, opportunities like this are hard to beat.
Currently tenanted at $650 per week, with a rental appraisal of $650–$670 per week this four-bedroom property offers an immediate income stream from settlement day. There is no need to budget for renovations, upgrades or additional work to achieve that return — it is already performing.
With four good-sized bedrooms, the property offers exactly the kind of interior space and versatility that appeals to the rental market, while the compact, low-maintenance section keeps ongoing upkeep to a minimum.
Another major advantage is the freehold, fee simple title. The vendor has already completed the conversion from cross lease, giving you the simplicity and independence of freehold ownership with no cross lease considerations. A single garage adds further practicality.
For investors looking to grow their portfolio, this is a genuinely compelling proposition — strong rent, low maintenance and no immediate capital expenditure required. The numbers stack up from day one.
And while the investment case is hard to ignore, the property also offers plenty of flexibility for first-home buyers. With four bedrooms, there is the option of taking in boarders to help with the mortgage, or even purchasing with friends or family to make home ownership more achievable.
Whether you're an investor looking for a ready-made, income-producing property or a buyer wanting space and flexibility at an affordable price point, this one deserves serious attention. You won't find 4 bedrooms at this price anywhere else in Hastings right now.
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