If you're looking for a genuine set-and-forget investment, 2/85 Varden Street offers an excellent opportunity to secure a furnished two-bedroom unit with a strong existing rental return and a long-term tenant already in place.
Currently leased until February 2027 at $630 per week, allowing the new owner to enjoy an immediate income stream without the hassle of finding a tenant.
This Brick & Iron unit features two well-sized bedrooms, both complete with mirrored built-in robes, along with a practical bathroom incorporating the laundry.
Outside, a paved courtyard provides a low-maintenance outdoor area for your tenants to relax. Equipped with evaporative cooling, providing comfort for the occupants year-round.
Property Features:
• 2 bedrooms, both with built-in robes
• Approx. Block Size:120 m2
• 1 bathroom with combined laundry
• Fully furnished
• Evaporative cooling
• Electric hot water system
• Electric cooking
• Paved courtyard
• Leased at $630 per week until February 2027
• Approx. 7.8% gross rental return
• Council rates: approx. $2,323.35 p/a
• Strata levies: approx. $2,806.60 p/a
• Water rates: approx. $261.36 p/a
Whether you're a seasoned investor or looking to add a straightforward property to your portfolio, 2/85 Varden Street is well worth considering.
For more information or to organise a viewing please call Taylor Nancarrow Martin on 0447 466 244 or [email protected]
This property at 2/85 Varden Street, Piccadilly is a two bedroom, one bathroom unit listed for sale by Taylor Nancarrow Martin at Elite Choice Real Estate.
For more information about Piccadilly, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Piccadilly profile page.
If you would like to get in touch with Taylor Nancarrow Martin regarding 2/85 Varden Street, Piccadilly, please call 0447 466 244 or contact the agent via email.
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