Mount Cook - Prime Investment Opportunity - Central Location

Description

Looking for a solid investment or a home with added income potential? This centrally located three-flat property is an exceptional opportunity for both home buyers and investors alike, offering impressive rental returns across all units.
Unit 1:

• Two spacious bedrooms
• Separate lounge and kitchen
• Currently rented at $525 per week, on a periodic tenancy

Unit 2:

• Two well-appointed bedrooms
• Open-plan kitchen, dining, and living area with seamless flow to a deck
• Generates $450 per week, on a periodic tenancy

Unit 3:

• Large bedroom
• Open-plan kitchen, dining, and living area
• Currently rented at $400 per week, with a fixed tenancy until 11th February 2025

Together, these units deliver an impressive total rental income of $71,552 per annum, with annual rates of $7,126. Situated in a highly sought-after suburb, this property is close to local amenities, ensuring strong tenant demand and stable rental occupancy.
Updated rental appraisals and a LIM report are available upon viewing. Don't miss this fantastic investment opportunity - call Mel or Ava today to arrange your viewing!