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This property is not currently for sale or rent on https://denovans.com.au, Mitchelton

4
BEDS
|
2
BATHS
|
2
CARS

An Excellent Investment Opportunity

This two-storey family residence is comfortable, spacious and bright while offering a versatile real estate package with many options for its fortunate purchaser. The property is currently leased through Defence Housing and earning $850 per week in rental returns, giving its new owner a ready-made income stream from day one, with an annual rental review in line with CPI.

This quiet part of Mitchelton is highly sought-after because of its great convenience and close proximity to a range of amenities. From here you have quick and easy access to the Blackwood Street café precinct, as well as a range of quality schools and shopping options. There is also acres of parkland and Lockrose Street Playground just around the corner.

The home's interiors are well presented throughout with bright living and dining spaces and fresh modern decor. There are four good-sized bedrooms, a well-equipped kitchen, ensuite, full main bathroom and an extra powder room on the lower level, plus car accommodation for two vehicles. A fully fenced, low maintenance backyard is the perfect space for children to play and features a sheltered entertainment patio.

So, if you're looking for a high performing investment asset with guaranteed returns and a secure future, this first-rate property will tick all the boxes.
Leased until June 2024, with DHA option to extend by another three years, which is considered likely to happen.

Features include:

• A great investment currently leased until June 2024

• Long term lease to the Defence Housing Authority (DHA)

• Well presented with separate formal and casual areas

• Four double bedrooms include a main with ensuite

• Low maintenance backyard with lawn and undercover patio

• Double lock-up garage plus a huge underhouse storage area

• Air-conditioning, ceiling fans, and excellent built-in storage

• Current Rent $850 per week - reviewed annually

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Property features

  • Ensuites: 1
  • Garage spaces: 2

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  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au
  • This property is not currently for sale or rent on https://denovans.com.au