Discover a solid investment opportunity in this modern 2-bedroom unit, located in a secure, gated complex. Ideal for investors seeking a hassle-free property, this unit offers the stability of a long-term Government Regional Officers' Housing (GROH) lease, providing a guaranteed rental income until November 2025. With its low-maintenance appeal and convenient location near public transport, this property is a must-see.
Property Features:
• 2 Spacious Bedrooms with built-in robes, ensuring ample storage
• 2 Modern Bathrooms for added convenience and comfort
• Open-Plan Kitchen and Living Area, perfect for a relaxed, contemporary lifestyle
• Natural Gas Supply, offering efficient and cost-effective utility options
• Gas Cooking & Gas Hot Water System-a reliable and budget-friendly setup
• Evaporative Air Conditioning to keep the unit cool during warmer months
• Undercover Carpark for secure, protected parking
• Gated Complex provides additional security and peace of mind
• Long-Term GROH Lease in place until November 2025, generating $560.00 per week
• Built in 2012
• Strata Levies: $466.40 per quarter
• Council Rates: $2,232.00 approx. per annum
• Water Rates: $300.00 approx. per annum
This unit presents a fantastic opportunity for investors looking for steady, guaranteed rental income with minimal upkeep. Don't miss out on this reliable investment.
For more information or to arrange a viewing, contact Carolyn Brown at 0407 540 341 or [email protected].
This property at 7/406 Hay Street, Somerville is a two bedroom, two bathroom house sold by Carolyn Brown at Elite Choice Real Estate on 25 Sep 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Somerville or see other recently sold properties in Somerville.
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