EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 19TH JUNE @ 5PM (unless sold prior)
A high assured-yield opportunity especially suited to commercial investors and SMSF holders, this parcel of three individually titled properties presents the potential to realise an above benchmark return of between 8-8.5% per annum on investment. ($250,000 approx/annum combined rental income).
With each home securely leased and on a 5-year agreement (commenced March '24) that factors in CPI review annually on each anniversary of the commencement date of each Further Term, (further terms: four options terms to renew the leases for a period of five years each). This is a rare Set & Forget opportunity to add a quality residential real estate asset to your superannuation fund or investment portfolio.
Occupying just over 900sqm of prime land, the well-presented homes are in immaculate condition that will demand no substantial maintenance outlay for years to come. Comprising two 3-BR double-storey homes as well as a single-level 2-BR property, they feature light-filled layouts with modern well-equipped kitchens, contemporary bathrooms and split system heating/cooling. Each residence also provides easy-care outdoor areas and ample garage parking.
Situated in an established & high-quality position just back from Parkdale Plaza and within a walk of the station & transport, this exceptionally rewarding opportunity is zoned for both Mentone Girls and Parkdale secondary colleges and an easy trip to the beach each factor enhancing the properties' long term rentability.
Inspection by appointment. For all enquiries please contact Mark Eddy 0408 098 308 Hodges Mentone.
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
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Contact Mark Eddy to learn more about this property, request an inspection or take an online tour.
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Property history
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Parkdale suburb information
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SummaryMedian sales
Average Age
44 years
Population
12,308
Listing ID: 182548893. This listing has been viewed 1 time. It was first displayed on 24/05/2024 and last updated on 06/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.