Investment opportunities of this caliber rarely present themselves. This wonderful 5-unit property offers sensational harbour views and is situated on one of Wadestown's most sought-after streets. This is a renovated 1960s solid mid-century classic that offers solid construction in an enviable location that is sought after by smart investors. With excellent sun, plenty of parking, and high occupancy rates, this is a proven performer. Comprising:
• Flat 1, 2 double bedrooms and rented at $550/ week
• Flat 1a, 2 double bedrooms and rented at $600/ week (vacating Nov 28th 2025)
• Flat 2, 2 bedrooms (1D, 1S) and rented at $550/ week
• Flat 3, 1 double bedroom and a study and rented at $525/ week
• Flat 4, 2 bedrooms (1D, 1S) and rented at $575/ week
• Garaging: 3 x singles - rented at a total of $142.23/ week
- Total rent roll: $152,996pa
- Healthy Homes compliant
- 100% NBS- DSA from Collab Engineers dated May 2025
Offering 5 immaculately refurbished apartments with rental upside, this wonderful investment property is brilliantly located for both tenants and investors. Garaging is a bonus. The location and quality are sure to attract those seeking a sound return with excellent future capital growth. I challenge you to Trump this…Blue chip property, blue chip location.
