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$1,200,000
An exceptional investment opportunity awaits at 130 Francis Street, West End. This multi-unit property, offering an impressive 10 bedrooms and 4 bathrooms across four units, presents strong rental returns with no body corporate fees, making it a perfect addition to any investor's portfolio.
Key Features:
Four Units:
Unit 1: 2 bedrooms, 1 bathroom, 1 garage - Rented at $350/week (Lease expiry: 3/11/2025)
Unit 2: 3 bedrooms, 1 bathroom, 1 garage - Rented at $420/week (Lease expiry: 21/07/2025)
Unit 3: 2 bedrooms, 1 bathroom, 1 garage - Rented at $350/week (Lease expiry: 2/06/2025)
Unit 4: 3 bedrooms, 1 bathroom, 1 garage - Rented at $420/week (Lease expiry: 12/05/2025)
Rental Income: Rental appraisal indicates a potential annual return of approximately $83,200.
Yield: Offers over $1,200,000 are invited, creating a solid 6.6% gross yield.
No Body Corporate Fees: Maximizing profitability and reducing expenses.
Location Highlights:
Conveniently situated in the vibrant suburb of West End, this property is close to schools, shops, parks, and public transport, ensuring a desirable location for tenants. The central position makes it a strong long-term investment choice.
The Perfect Investment:
This incredible opportunity combines budget-friendly buying with fantastic returns. With all four units currently tenanted, this is a ready-made investment delivering reliable cash flow. The potential for further growth in rental yield and property value adds even more appeal to this outstanding prospect.
Don't miss out - contact us today to secure this investoer's gem at 130 Francis Street, West End.
All information (including but not limited to the property area, floor size, price, address and general property description) on online advertising is provided as a convenience to you, and has been provided to Whaites + Co by third parties.
463 Nepean Highway, Frankston VIC 3199
Call Jess Whaites on
0423398849
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