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Multiple Income Property with 9 tenants, anticipated rent $166,500 P.A. - 9%
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​Beds 9 | Baths 9 | Cars 3
Invest Smart, Live Free with This Multiple-Income Property (MIP)
Co-living is the current trend, and this is your rare chance to secure a brand-new, purpose-built MIP that guarantees strong returns from day one. With a registered valuation of $1,900,000 and rental returns projected at $166,500 per annum, this investment offers an instant capital growth of $100k and an impressive EBITDA of around $130,000.
Property Features:
This meticulously designed property comprises nine high-quality studios, each boasting:
Ensuite: Full private bathroom
Kitchenette: Equipped with modern appliances, including a rangehood
Quality Furnishings: Queen or Double bed, 2-seater couch, and full-size fridge/freezer
Climate Control: Split-cycle air conditioning for year-round comfort
Private Outdoor Area: Synthetic lawn, personal clothesline, and low-maintenance courtyard
Additional Amenities:
Shared kitchen and laundry facilities
Solar panels installed to reduce energy costs