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$800,000
Discover an exceptional investment opportunity with this recently updated block of 3 units at 4 John Street, Wendouree. This property is perfectly suited for investors seeking a hassle-free investment with immediate tenant readiness.
Property Highlights:
- Unit Configuration: The complex consists of one 2-bedroom unit and two 1-bedroom units, all on separate titles and separately metered.
- Recent Upgrades: Each unit has been freshly painted & features new carpet, new roller blinds (double sheer & blockout to front-facing windows) , new kitchen benches, and upgraded electrical switchboards. All units boast updated bathrooms with large showers, vanities, toilets, and laundry facilities with separate troughs.
- Modern Amenities: Kitchens are equipped with new laminex benches, electric freestanding cookers, and ample overhead and underbench cabinetry. The benches have been designed with a larger overhang to serve as a "breakfast bar" or alternative dining space.
- Comfort and Security: All units have split-system heating and cooling, front and rear security doors (two units are brand new), and main bedrooms with built-in robes.
- Outdoor Features: Each unit comes with its own storage locker recently fitted with new doors, plus an undercover carport. The landscaped grounds include three separate clotheslines at the rear, providing one for each unit.
Location and Accessibility:
Situated on a quiet, one-block street, this property offers proximity to essential amenities:
- Recreation: Close to a playground.
- Education: Near schools and child-care facilities.
- Shopping and Transport: Convenient access to shopping centres and bus stops.
Investment Potential:
With an expected gross rental income of approximately $900 per week, this property offers a possible gross yield of over 5.8%. Additionally, by owning all 3 units there is no owner's corporation, simplifying management and enhancing profitability.
Private Inspections:
Inspections are available by private appointment only, ensuring personalized and thorough viewings.
Contact Information:
Don't miss out on this turnkey investment opportunity. For more information or to schedule a private inspection, please contact Damian Shackell at 0448 777 313.
Invest with confidence at 4 John Street, Wendouree, where modern living meets exceptional convenience and investment potential.
Ballarat's Best-Selling Team
51 Lydiard Street South, Ballarat VIC 3350
Call Damian Shackell on
0448777313
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