Positioned in a secure gated complex in sought-after Somerville, this neat and low-maintenance 2-bedroom, 1-bathroom unit is a standout opportunity for savvy investors. Currently leased at $500 per week to a secure corporate tenant, it delivers a strong gross rental return of approximately 8.4% – a solid performer in any portfolio.
Step inside to find an open-plan layout, neat finishes and all the comforts a tenant needs. The complex is gated for peace of mind, with allocated parking an...
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Positioned in a secure gated complex in sought-after Somerville, this neat and low-maintenance 2-bedroom, 1-bathroom unit is a standout opportunity for savvy investors. Currently leased at $500 per week to a secure corporate tenant, it delivers a strong gross rental return of approximately 8.4% – a solid performer in any portfolio.
Step inside to find an open-plan layout, neat finishes and all the comforts a tenant needs. The complex is gated for peace of mind, with allocated parking and a well-kept common area.
Set on the bustling Great Eastern Highway, you’re just minutes from the CBD, airport, fuel station and schools – an ideal base for tenants and a no-fuss investment for you.
$500/week rental income
8.4% gross return
Corporate tenant in place
Secure gated complex
Prime Somerville location
Council Rates $2274.27
Water Rates $275 approx
Whether you're expanding your portfolio or chasing strong, consistent returns – this one ticks all the boxes.
Contact Norm today – 0418 935 980.