Solid Long-Term Investment

This solid brick Triplex set on a large 1,618m2 allotment returns approximately $670 per week across the whole triplex. It would make a great addition to any portfolio or to secure somewhere to live and have an income at the same time. The units have always had a high occupancy rate with limited vacancy and turnover.

Each of the units are 2 bedrooms with one bathroom, have spacious living areas and separate carports.

Unit 1:

- Open plan living
- Tidy kitchen with freestanding oven/stove .
- Two bedrooms with built-in robes
- One bathroom in good condition – shower, vanity.
- Separate toilet
- Internal laundry with tub, linen cupboard & door access to clothesline
- Vynl flooring to all living areas and bedrooms
- Security screens throughout
- Electric hot water
- Single carport
- Currently rented for $210/week

Unit 2:

- Open plan living
- Kitchen with overhead cupboard & freestanding oven/stove.
- Two bedrooms with built-in robes
- One bathroom – shower & large vanity
- Separate toilet
- Internal laundry with double sink, linen cupboard & door access to clothesline
- lino flooring to all living and bedrooms
- Electric hot water
- Single carport
- Currently rented for $210/week

Unit 3:

- Stylishly renovated 5 years ago
- Open plan living
- Well equipped kitchen with electric cooktop & stove top, rangehood and overhead cupboards.
- Two bedrooms with built in robes
- Modern bathroom – shower, vanity
- Separate toilet
- Internal laundry with sink, linen cupboard & door access to clothesline
- Vinyl flooring to all living areas and bedrooms
- Security screens throughout
- Electric hot water
- Single carport
- Currently rented for $250/week

Triplex Features Include;

- No body corporate
- Approx. 7.66% gross return
- Central location
- Large 1,618m2 block

This solid building is in exceptional condition with plenty of opportunity to add further improvements to add extra value and rental income.

This desirable property is in a prime location across the road to Atherton High School and walking distance to Atherton town centre.

*Pictures are of unit 3 only

For further information or to arrange an inspection, contact Exclusive Agent Raquel Cunzolo at Sommerset Realty

Features