Three self-contained flats, one seriously flexible asset. Sitting on 524sqm (more or less) of MRZ-zoned land, this 220sqm (more or less) dwelling delivers rental income today and development upside tomorrow — the kind of dual-play investors chase and rarely find.
The numbers:
- Flat 1 — 1 bedroom, open-plan kitchen/living, bathroom — $370pw
- Flat 2 — Generous bedroom, separate kitchen and living, bathroom — $375pw
- Flat 3 (upstairs) — Large sunny bedroom, separate lounge, kitchen, bathroom — $420pw
Total: $1,165pw / $60,580pa = 7.97% Return on Asking Price.
Hold it for the yield. Bank it for the land. Either way, MRZ zoning keeps your options open long after settlement.
Strong cashflow, blue-chip zoning, three income streams under one roof.
Call now for details.
Source: PropertyGuru — Vendor, CCC.
