This is a tremendous opportunity to purchase a very handy little investment. Situated within a short stroll to Wilsonton Shopping, State School, High School, local parks and sporting facilities and the Wilsonton Industrial Estate is just down the road – Position is as Position was – EVERYTHING.
The two units are both neat & tidy and in good repair with unit 2 undergoing a refurbishment in the past few months with new paint, new floor coverings, new window furnishings and new light fittings throughout.
Details of the property are:
Unit 1:
• 2 built-in bedrooms
• Open plan living / dining
• Good sized kitchen
• Bathroom with both separate shower and bath
• Separate toilet
• Security screen doors front & back
• Single lock-up garage with internal access off the laundry
• Currently rented to long term tenant for $280 per week – will be due for an increase at renewal in November.
Unit 2:
• 3 bedrooms – 2 with built-ins
• Large open plan living / dining
• Large kitchen with loads of bench space
• Bathroom with separate shower and bath
• Separate toilet
• Security screen doors front & back
• Single lock-up garage with internal access of laundry
• HUGE privately fenced rear yard
• Currently rented at $360 per week through to June 2024
The current total rental income is $640 per week gross, which represents a 5.56% ROI. With unit 1 due to have an increase in a few short months that return will only get stronger. All-in-all this is a great package; neat & tidy with good tenants in place, a fair rental return which will only get better and conveniently located – this is just the ticket for any investor. As inspections are strictly by appointment, please call Lachlan Evans on 0418185220 to make arrangements.
Note the video walk through is of unit 2.
Features
- Built-in Wardrobes
