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From $769,000
Property ID: L32318872 | House
This has an unbeatable rental return of up to $1,350 per week (with fluctuation based on vacancies). How is this possible? you may ask. The property has 5 bedrooms all on separate lease agreements, and so when at capacity, offers an incredibly generous rent return which I'd guess in most cases this would be a positively geared investment and if not, then pretty close to it. The rooms are leased for varying terms, the longest of which expires in August 2025.
In addition to the epic rentability here, this property is also on an R20/40 zoned block, offering potential subdivision options for your future too (subject to being granted relevant approvals of course).
The home is centrally located, with easy access to the central Midland district and all its benefits, with easier access to Roe Highway if you're journeying further afield.
Or perhaps you'd like to purchase the home to occupy yourself? Once the leases are up it will be suitable for that too - forming a great home with plenty of space for the growing family and no need to fight over bedrooms.
If this opportunity interests you, we recommend reaching out ASAP as something as lucrative as this is certainly not going to wait long.
Quick facts:
• 677sqm block zoned R20/40
• 5 bedrooms (all with air conditioners)
• 2 renovated bathrooms
• Spacious kitchen and living areas
• Solar panels
• $1,350/week rent return when at capacity
It's time to call The Mitchell Brothers
Water rates: $593.02 p/a (approx.) - For period 01/07/2024 to 28/02/2025
Council rates: $1825.00 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the agent and are expressly excluded from any contract.
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