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Description: Positioned at the end of a quiet no-through road, this solid duplex presents an outstanding opportunity for savvy investors seeking immediate returns with future upside. Set on a generous 615m2 fully fenced allotment, this low-maintenance property combines strong rental income with value-add potential.
Currently returning a combined $700 per week, the property is securely tenanted with Unit 1 leased at $390/week until 15th June 2027, and Unit 2 to a long term tenant at $320/week until 25th March 2027, offering stable, long-term income from day one, with clear scope for future rental growth.
Each unit is well-designed, featuring two built-in bedrooms, a central bathroom, and the convenience of separate toilets off the internal laundry. Unit 1 has been enhanced with a converted garage, creating additional living space, along with an updated kitchen, appealing to quality tenants and boosting rental appeal.
Outdoors, both units share a spacious rear yard complete with individual garden sheds, while full security screening throughout adds peace of mind. Being on a single title means just one set of council rates, maximizing your return and simplifying ownership.
Ideally located within walking distance to parklands and positioned centrally to schools, shopping, the CBD, and major retailers, this is a high-demand rental pocket with consistent tenant appeal.
Key Investment Highlights:
- Currently returning a combined $700p/w with plenty of scope to increase rent
- Unit .1. tenanted until 15/06/27 at $390p/w, Unit .2. $320p/w until 25/03/2027
- Unit .1. offers a converted garage creating more living and an updated kitchen
- Both units offer 2 built-in bedrooms, 1 x bathroom, and separate toilets off laundry
- 615m2 allotment, fully fenced, shared rear yard with garden sheds for both units
- Fully security screened, on the 1 x title so only one set of general council rates
- Walk to Harristown Park, central to multiple schools, shops, CBD and Bunnings
- General council rates $1,953.12net half yearly, water rates $335.75 net half yearly
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