Prime investment property in the established Quigney area

Description

Income-Generating Investment Opportunity Ideal Court presents a compelling investment opportunity in the established and high-demand suburb of Quigney. The property is well located within close proximity to key amenities, the beachfront and ongoing new developments directly across the road, supporting both immediate rental demand and long-term capital growth. The building comprises three levels (ground, middle, and top floor) with a total of 16 flats, arranged across the floors. Each flat is configured for shared accommodation, offering 43 rentable rooms in total, with en-suite bathrooms to each unit. Communal kitchens are provided on every floor, making the property well suited to student housing or room-by-room rental models. The property is largely tenanted, allowing an investor to benefit from existing income while implementing value-add strategies to improve yields. Security is well addressed with tag-controlled access and CCTV surveillance throughout the building. With sectionalisation already in place, the property offers long-term flexibility, whetherfor continued rental optimisation or future individual unit disposals. Investment Highlights: -Strong rental demand location -Multiple income streams from a single acquisition -43 rooms across 16 flats -Wi-Fi -Shared kitchen facilities on each floor -Existing tenancy with value-add upside -Secure access with CCTV and tag entry -Sectional title in place -Close to beachfront, amenities, and new developments. Private viewings available by appointment only

Features

Closed Circuit TV

Yes

Fire Escape

Yes

Access Gate

Yes