Location, Lease & Long-Term Returns
Positioned in a prime location, this classic three-bedroom home presents an outstanding opportunity for investors. Securely leased until September 2026 and currently returning $2,253 per calendar month, it offers an immediate and reliable income stream with strong ongoing investment potential.
Set on a generous block of approx. 646sqm just a short walk to the beach and McCrae Plaza, and close to freeway access, it also provides an opportunity for subdivision or the construction of 1 or more new homes (STCA). Alternatively, it could be a reno project, with space to extend outwards or upwards (STCA), which may provide Arthurs Seat views.
– Spacious lounge/dining room with split system reverse cycle aircon
– Adjacent kitchen with ample storage and dual-fuel oven/cooktop
– Main front bedroom with robes, and 2 further bedrooms, 1 which has BIR
– Central bathroom with shower, vanity, and separate toilet
– Hallway storage, and laundry with garden access
– Mature, level back garden with shed, plus spacious front garden
– Covered front porch, off-street parking, rear double garage/workshop
– Around 1km to stunning McCrae beach, Bay Trail, foreshore playgrounds
– Approx. 2km to Rosebud’s cafes, schools, and medical facilities