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Flat
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for sale
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READY TO GO INCREDIBLE INVESTMENT OPPORTUNITY
Norville
· 8 Bedrooms · 4 Baths · Flat
Norville · 8 Bedrooms · 4 Baths · Flat
An outstanding opportunity to secure an entire block of four units in one of Norville's most convenient locations. Fully tenanted with quality long-term tenants on fixed-term leases, this is a genuine set-and-forget investment offering immediate cash flow, strong rental security and excellent long-term potential. Currently returning approximately $92,560 per annum in gross rental income once the scheduled rent increases take effect, the property offers an attractive gross yield of approximately 6.5% - 7.1% (subject to purchase price). With rental increases already locked in and a history of excellent tenant retention, this is a rare opportunity to acquire a high-performing residential investment in a tightly held market. Property Features: • Fully tenanted complex of four units • Long-term tenants with fixed-term leases in place • Well-maintained, low-maintenance complex • Highly sought-after Norville location close to schools, shopping, hospital and CBD In Each Unit: • 2 bedrooms + 1
An outstanding opportunity to secure an entire block of four units in one of Norville's most convenient locations. Fully tenanted with quality long-term tenants on fixed-term leases, this is a genuine set-and-forget investment offering immediate cash flow, strong rental security and excellent long-term potential. Currently returning approximately $92,560 per annum in gross rental income once the scheduled rent increases take effect, the property offers an attractive gross yield of approximately 6.5% - 7.1% (subject to purchase price). With rental increases already locked in and a history of excellent tenant retention, this is a rare opportunity to acquire a high-performing residential investment in a tightly held market. Property Features: • Fully tenanted complex of four units • Long-term tenants with fixed-term leases in place • Well-maintained, low-maintenance complex • Highly sought-after Norville location close to schools, shopping, hospital and CBD In Each Unit: • 2 bedrooms + 1
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