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For Sale $325,000

Investment Opportunity - Secure Lease with High ROI

5 / 10 Great Eastern Highway, Somerville

  • 2
  • 2
  • 1
  • 149 Square metres
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  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville
  • 5 / 10 Great Eastern Highway, Somerville

This unit presents a fantastic opportunity for investors with a secure lease in place until October 2025, currently generating $560.00per week in rental income. This property offers a solid income stream in a secure, gated complex with desirable amenities.

Property Features:
• 2 Bedrooms with built-in robes, offering practical storage solutions
• Main Bathroom with modern features
• Open Plan Living area that creates a comfortable and spacious feel
• Functional Kitchen overlooking the living space, perfect for easy entertaining
• English Style Laundry, efficiently integrated into the layout
• Private Courtyard ideal for outdoor relaxation or entertaining
• Garden Shed for additional storage
• Single Carport Space plus extra parking available for visitors
• Gated Complex with security features for peace of mind
• Swimming Pool in the complex, offering a great lifestyle bonus

Outgoings:
• Strata Levy: $466.40 per quarter
• Council Rates: $2076.45 approx. per annum
• Water Rates: $300.00 approx. per annum

With a combination of low maintenance and high returns, this property is an excellent choice for investors. The private courtyard, secure complex, and swimming pool make this unit an attractive rental for tenants, ensuring consistent demand.

Contact Carolyn Brown on 0407 540 341 or [email protected] for more information.

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