Introducing the pinnacle of purpose-built investment, a rare opportunity to secure a high-performing asset in a prime, walk-everywhere location. Positioned within easy reach of all major amenities and a simple commute to the city's tertiary education hubs, these properties are designed with one clear objective in mind - consistent, reliable returns. Built in 2006, we present two spacious and robust six-bedroom, two-bathroom homes, set on a substantial 965m² (more or less) freehold section. Currently returning $990 per week each on fixed-term tenancies ($102,960 per annum combined), with potential for future growth, these attractive dwellings are in perpetual demand from students and young professionals alike. Designed for true "rent and leave" appeal, both homes are low maintenance and thoughtfully constructed to withstand the rigours of multi-tenant living. Hardwood stairwells, stainless steel and tiled showers, and generous proportions throughout reflect a build that prioritises durability without compromising comfort. Large bedrooms, ample storage, and expansive common areas ensure strong tenant satisfaction and retention. On the ground floor, a generous open-plan living and kitchen area is filled with maximum natural light, complemented by excellent storage, a separate laundry, one double bedroom, and a full bathroom. Upstairs, you'll find five further double bedrooms, all with built-in storage, alongside a second bathroom. Externally, both homes provide defined patio areas, a garden shed, a manageable lawn space, and sufficient off-street parking. Purpose-built and proven to perform, this is a fruitful investment offering scale, stability, and future upside in one compelling package. Run the numbers, recognise the value, and contact Crosland & Co for further information.
Current Rent: $102,960 combined pa
PNCC Rates: $7,512 pa
Horizons Rates: $1,054 pa
Insurance: $5,554 pa
Tender Closing 12:00 pm Thursday 12th March 2026 (no prior sale). All reasonable offers considered, please contact us for a price guide. Capital Value ($1,185,000)
