2 / 26 Lorraine Court, Andergrove
Property Type: House
Secure Investment in Quiet Complex - Immaculate Unit with Long-Term Tenant
'Janice Close' a complex of just three delightful units, ideally positioned in a quiet cul-de-sac only a short stroll to Gillham's Park.
Convenience is at your doorstep, with the tavern, supermarkets, butcher, bakery, medical centre and chemist all within easy distance.
Unit 2 presents as an outstanding investment opportunity, currently tenanted by an exceptional long-term occupant who takes immaculate care of the property. The lease is secured at $420 per week until 27 November 2026, with a projected rental increase of approximately $470 - $550 per week, offering strong future returns.
Set in a tightly held complex where two of the three units are privately owned, this well-presented property offers investors a low-maintenance, set-and-forget opportunity in a highly convenient location.
Features include:
• 2 air-conditioned bedrooms with built-in wardrobes
• Air-conditioned living area
• Good kitchen
• Security screens on all doors and windows
• Single lock-up tiled garage
• Low Body Corporate fees: $50 p.w.
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
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$3,078
Estimated monthly repayments based on advertised price of $380000.
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