Discover an enticing investment opportunity at 1-4/393 Urana Road, Lavington. This property presents a "set and forget" investment with four units, each offering a comfortable living space, strategic location, and promising rental potential.
This immaculate property comprises four individual units, each featuring two bedrooms, one bathroom, an open-plan kitchen/living/dining area, as well as a convenient carport for each unit. The thoughtful design ensures a harmonious balance between functionality and comfort.
Updates have recently been carried out across the property and include items such as new flooring, fresh paint, bathroom vanities, and shower screens.
All four units are currently under lease agreements, providing a steady and reliable source of income. The current rental appraisal for each unit stands at $300 per week. With a potential rental yield of 5.83%, investors can anticipate a solid return on investment. This promising figure is indicative of the property's capacity to generate substantial income relative to its current market value.
1-4/393 Urana Road enjoys a strategic location within walking distance of Lavington Plaza, supermarkets, medical facilities, schools, and more. This accessibility not only enhances the property's market appeal but also ensures convenience for tenants, contributing to the property's overall desirability.
Don't miss the chance to capitalize on the growing demand in Lavington's real estate market and secure your position in this prime investment opportunity.
Please note the flooring in unit 1 has been updated with carpet.