INVESTOR SPECIAL: Stable High-Yield Opportunity

Description

*SOLE MANDATE* Secure a reliable investment in the heart of Parklands. This ground-floor corner unit offers an immediate, consistent return with a long-term tenant who has called this property home for the last nine years. Perfectly positioned for privacy and convenience on Parklands Main Road, this unit is a true "diamond in the rough" for a seasoned investor. The Investment Opportunity • Established Stability: Take over a reliable tenancy with a 9-year track record. • "As-Is" Sale: The property is being sold as a fixer-upper. • No Immediate Renovation Required: The current tenant is comfortable and settled, allowing a new owner the flexibility to renovate in the future to significantly increase capital value. • Priced to Sell: Reflects excellent value-add potential and the current cosmetic state of the interior. Property Highlights • Ultimate Privacy: A corner unit layout ensures neighbors on one side only and zero foot traffic passing your windows. • Massive Private Terrace: Features a large, high-walled courtyard accessible via sliding doors—a blank canvas for future value-add like artificial lawn or an entertainment zone. • Open-Plan Flow: The kitchen and lounge flow seamlessly toward the outdoor terrace, creating a great sense of space. The kitchen includes a freestanding electric stove and oven. • Functional Footprint: Two bedrooms with built-in cupboards. • Secure & Convenient: Includes a sliding security gate, high complex perimeter walls, controlled access, and secure parking behind gates. • Ground Floor Advantage: No stairs, offering easy access and long-term tenant appeal. Additional Features • Strategic Location: Easy access to local amenities and public transport (MyCity Bus) along Parklands Main Road. • Secure parking is included behind the complex's high-security gates.

Features

24 Hour Access

Yes

Boomed Area

Yes

Built in Wardrobes

Yes

Burglar Bars

Yes

Curtain Rails

Yes

Laminated Floors

Yes

Open Plan

Yes

Security Gate

Yes

Sliding Doors

Yes

Tiled Floors

Yes

Totally Walled

Yes

Washing Machine Connection

Yes