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3 unit Fully Tenanted Complex Investor Opportunity
Dungay
· 7 Bedrooms · 3 Baths · Flat
· Parking
Dungay · 7 Bedrooms · 3 Baths · Flat · Parking
An excellent opportunity to acquire a fully tenanted - and therefore SMFS eligible - multi-unit income asset in an area with a critically low vacancy rate attracting strong tenant demand. 10 Thompson Street is a two-level, fibro-clad complex comprising three self-contained units - two x 2-bedroom/1-bathroom and one x 3-bedroom/1-bathroom - set on a level allotment. Two-level, fibro-cladded complex with tin roof. Comprised of two 2-bed/1-bath units, and one 3-bed/1-bath unit - all currently tenanted. Individual single, lock-up garage for each unit. Currently fully tenanted on fixed terms tenancies until November 2026. Generating a gross yearly income of $71,250. Appraised to generate a gross annual income of $81,640. Rental Income: Unit 1: $600/week - par market-value - leased until May '27 Unit 2: $400/week - appraised as $450-$480/week - leased until Nov '26 Unit 3: $370/week - appraised as $450-$480/week leased until Nov '26 Current annual gross income: $71,250 Appraised gross annual
An excellent opportunity to acquire a fully tenanted - and therefore SMFS eligible - multi-unit income asset in an area with a critically low vacancy rate attracting strong tenant demand. 10 Thompson Street is a two-level, fibro-clad complex comprising three self-contained units - two x 2-bedroom/1-bathroom and one x 3-bedroom/1-bathroom - set on a level allotment. Two-level, fibro-cladded complex with tin roof. Comprised of two 2-bed/1-bath units, and one 3-bed/1-bath unit - all currently tenanted. Individual single, lock-up garage for each unit. Currently fully tenanted on fixed terms tenancies until November 2026. Generating a gross yearly income of $71,250. Appraised to generate a gross annual income of $81,640. Rental Income: Unit 1: $600/week - par market-value - leased until May '27 Unit 2: $400/week - appraised as $450-$480/week - leased until Nov '26 Unit 3: $370/week - appraised as $450-$480/week leased until Nov '26 Current annual gross income: $71,250 Appraised gross annual
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