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Griffith Real Estate is proud to offer for sale for the first time 29 Couch Road, Griffith
Bilbul
· 8 Bedrooms · 4 Baths · Flat
· Parking
Bilbul · 8 Bedrooms · 4 Baths · Flat · Parking
An exceptional investment opportunity and offered as one, this outstanding complex comprises of 4 quality units. Built in the 90s, each unit features its own courtyard & double carport, delivering strong tenant appeal with minimal vacancy rates and long-term stability. Currently returning over $70,000 per annum in gross income, with clear potential for future growth, this is a high-performing asset in a tightly held market. Opportunities of this calibre are seldom offered. Secure your foothold with this solid income-producing investment. Key Points: • Gross Income of Approx $72,800 per annum. • All units have rent increases issued at $380 p/w - bringing total rent to $79,040 per annum by the end of 2026 • 4 x 2-bedroom double brick units • 4 x Reverse cycle Split system units • Strong tenancy history • Carports recently re painted • Unit 4 has new carpets - replaced (2025) •Low-maintenance grounds requiring minimal upkeep • Separately metered for power • Water not separately metered •
An exceptional investment opportunity and offered as one, this outstanding complex comprises of 4 quality units. Built in the 90s, each unit features its own courtyard & double carport, delivering strong tenant appeal with minimal vacancy rates and long-term stability. Currently returning over $70,000 per annum in gross income, with clear potential for future growth, this is a high-performing asset in a tightly held market. Opportunities of this calibre are seldom offered. Secure your foothold with this solid income-producing investment. Key Points: • Gross Income of Approx $72,800 per annum. • All units have rent increases issued at $380 p/w - bringing total rent to $79,040 per annum by the end of 2026 • 4 x 2-bedroom double brick units • 4 x Reverse cycle Split system units • Strong tenancy history • Carports recently re painted • Unit 4 has new carpets - replaced (2025) •Low-maintenance grounds requiring minimal upkeep • Separately metered for power • Water not separately metered •
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