Units 1, 2 & 3, 34 Francis St
Offers above $395,000
Outstanding Investment
Clermont Real Estate would like to introduce to the astute investor this incredible opportunity to purchase this quality set of three units. This secure and lucrative investment is currently generating a fabulous annual rental return of $45,000 or rental yield in excess of 10% pa with additional upside potential.
Each unit is leased to excellent long term tenants, the leases are locked in and secure, ensuring stable income for the foreseeable future. With such an excellent yield, these units prove once again that Clermont keeps kicking real estate investment goals!
All three units feature 2 bedrooms, 1 bathroom, open plan living, air conditioning, carport coverage and separate fenced yards. Units 1 and 3 each have an additional free standing carport located adjacent to each unit.
Units 2 and 3 have been recently renovated including new flooring & curtains, interior painting, new air conditioning, ceiling fans and lighting upgrades throughout.
The total land area is 1067 square metres which enables the strategic purchaser a further opportunity to expand (subject to council approvals) and increase the rental yield.
This is one for the discerning investor looking for a set and forget investment or those seeking additional returns through upgrades to unit 1 and /or by adding an extra unit.
This is a rare opportunity to invest in a high-demand area where zero rental vacancies, and high rental yields are the norm rather than the exception.
Currently accepting offers above $395,000, this is a powerful investment package that will make a positive difference to your portfolio. Enquire today…
Solid investment package
Land size: 1067 sq m
Freehold
3 x 2 bedroom units
High yield
Lowset
