Size
-
Lot size
882.95 sqm
Street frontage
S
Possession
Immediate/Flex
Price per sqm
$1,935 - $2,769
Taxes
$5,392 (2024)
Parking Type
-
Style
3-Storey
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Description
Welcome to your new investment property! This fantastic gem in beautiful Palmerston is easy investing at it's finest. A fully rented 5-plex is ready to be added to your portfolio. Each unit is fully self-contained with a fridge, stove, washer and dryer. Units 2,3,4 and 5 have long-term, reliable tenants who have been in place for the last 7+ years. Unit 1 was just rented out at today's market rent rate of $1,400/month. Brand new boiler system was installed in June of this year. Parking for up to 6 cars with a front and back parking pad. Nearby everything that Palmerstion has to offer. Plus, the property was approved for a 6th unit, permitted back in 2021, but was just never built (you can see the potentially outline for the new unit at the back of the home). This is an investors dream: fully tenanted, with stable and reliable tenants, a brand new heating system, and with the potential of a 6th unit, room to grow!
EXTRAS:
EXTRAS:
Broker: RIGHT AT HOME REALTY
MLS®#: X9242460
Property details
Parking:
6
Parking type:
-
Property type:
Detached
Heating type:
Other
Style:
3-Storey
MLS Size:
325-465 sqm
Lot front:
21.95 M
Lot depth:
40.23 M
Listed on:
Aug 8, 2024
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Ground | Dining | 1.3 x 1.0 m | |
Ground | Living | 1.2 x 1.7 m | |
Ground | Kitchen | 0.8 x 0.8 m | |
Ground | Br | 1.0 x 1.1 m | |
Ground | Kitchen | 1.1 x 0.8 m | |
Ground | Living | 1.1 x 1.7 m | |
Ground | Br | 1.0 x 1.1 m | |
2nd | Dining | 1.3 x 1.0 m | |
2nd | Kitchen | 0.8 x 0.8 m | |
2nd | Living | 1.2 x 1.7 m | |
2nd | Br | 1.0 x 1.1 m | |
2nd | Kitchen | 1.1 x 0.8 m |
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Instant estimate:
orto view instant estimate
$14,717
higher than listed pricei
High
$958,898
Mid
$914,617
Low
$868,051