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For Sale $350,000

Investment Opportunity with Great Return

46 / 406 Hay Street, Somerville

  • 2
  • 2
  • 2
  • 189 Square metres
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  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville
  • 46 / 406 Hay Street, Somerville

Discover a solid investment in this contemporary 2-bedroom, 2-bathroom unit, situated within a secure, gated complex. Perfect for investors seeking a low-maintenance property with stable returns, this unit comes with the added advantage of a long-term Government Regional Officers' Housing (GROH) lease, guaranteeing rental income of $560 per week until November 2025.
Conveniently located near public transport and boasting an array of modern features, this property is a must-see for any savvy investor.
Property Features:
• 2 Spacious Bedrooms with built-in robes, providing ample storage space
• 2 Modern Bathrooms designed for comfort and convenience
• Open-Plan Kitchen and Living Area that perfectly suits a relaxed, modern lifestyle
• Natural Gas Supply, offering efficient and cost-effective utility options
• Gas Cooking & Gas Hot Water System for reliable, budget-friendly living
• Evaporative Air Conditioning to keep the unit cool during the warmer months
• Undercover Carpark, providing secure, protected parking
• Gated Complex for added security and peace of mind
Investment Highlights:
• Rental income of $550 per week until 6/2/25 with option to increase and extend
• Built in 2012,
• Strata Levies: $466.40 per quarter
• Council Rates: Approx. $2650.00 per annum
• Water Rates: Approx. $300 per annum
This is an exceptional opportunity to secure a hassle-free investment with guaranteed returns. Don't miss your chance to add this reliable property to your portfolio.
For more information or to arrange a viewing, contact Carolyn Brown at 0407 540 341 or email at [email protected].

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