A solid investment opportunity in a well-established rental area, offering immediate rental income and long-term growth potential.
The property is fully tenanted and already producing consistent monthly income from all units, allowing a new owner to take over a performing asset from day one without the need to source tenants or experience vacancy periods.
Comprising a total of 12 rentable units, the property includes 5 bachelor units and 7 additional rooms. The layout has been structured for rental efficiency, with multiple income streams generated from a single stand. Each unit is functional and suited for rental demand in the area, attracting tenants seeking affordable and accessible accommodation.
Occupancy levels are currently strong, supported by consistent demand within the surrounding area. The property benefits from a practical setup that prioritises rental use and income generation, making it a straightforward investment with predictable returns.
The internal layout is simple and functional, with a main structure that accommodates the units efficiently. Shared access areas support tenant movement and day-to-day use without unnecessary complexity. The design focuses on maximising rentable space rather than unused or decorative areas.
A spacious yard adds further value and presents clear opportunity for future development. Depending on the investor’s strategy, the space can be used to add additional units, improve existing structures, or reconfigure the layout to increase rental income over time.
Located within a well-established residential area, the property offers easy access to public transport routes, shops, schools, and surrounding economic hubs. These location advantages contribute to steady tenant demand and help maintain consistent occupancy levels.
From an investment perspective, the property offers both immediate income and future upside. Rental income is already in place, while the structure and land size provide room for expansion and increased returns in the future.
The multi-unit configuration also provides income stability by spreading rental returns across several tenants. This reduces reliance on a single rental source and ensures more consistent overall performance.
Suitable for investors seeking a ready-made income-producing asset, as well as those looking to expand their property portfolio with a high-yield investment. It also appeals to buyers who may want to enhance or develop the property further to unlock additional value.
A reliable, income-generating property with tenants already in place, offering immediate returns and long-term potential in a strong rental location.