Investors looking for steady returns and long-term security should take a close look here. This tidy brick home is already tenanted by a reliable long-term tenant who treats the property like her own home — exactly what investors hope to find.
With practical improvements already completed and a low-maintenance block, this property offers immediate income with peace of mind.
Inside:
• 3 good sized bedrooms
• 1 bathroom with shower and bath
• Comfortable living area with fireplace
• Galley kitchen with good storage and overhead cupboards and dishwasher
Outside
• Undercover patio for outdoor living
• Garden shed (second garden shed belongs to the tenant)
• Carport for one vehicle
• 460m² block (approx.)
• Higher Colorbond fencing for added privacy
• Fully refreshed rear garden
Investor Note:
• Long-term tenant in place since 2023 on periodic lease
• Tenant would love to stay for many more years
• Currently paying $400 per week with potential to increase to $500 per week for current tenant.
• Tenant maintains the home beautifully
• Immediate yield: ~$20,800 p.a.
• Potential yield: ~$26,000 p.a.
• ~6.9% gross rental yield
For a new tenant the rental potential is around $600 per week (March 2026)
Regular termite inspection being done over the last few years.
Outgoings
Council Rates: $2,351.71 (2026/2027)
Water Rates: $300.00 (2026/2027)
No strata fees – two-lot subdivided block only
Common wall is the carport only
A well-presented brick investment with stable income and a tenant who cares — opportunities like this don’t stay on the market for long.
If secure returns and low-stress property ownership appeal to you, act quickly.
Connect with Iris Haynes – The Real Estate Pocket Rocket to secure this well-cared-for home.
Features
- Evaporative Cooling
- Open Fireplace
- Courtyard
- Fully Fenced
- Built-in Wardrobes
- Dishwasher
