25 Myrtle Crescent, Mount Cook

24315286

Prime Investment Opportunity - Central Location

Sold
5
3
130sqm
364sqm

Looking for a solid investment or a home with added income potential? This centrally located three-flat property is an exceptional opportunity for both home buyers and investors alike, offering impressive rental returns across all units.

Unit 1:
• Two spacious bedrooms
• Separate lounge and kitchen
• Currently rented at $525 per week, on a periodic tenancy

Unit 2:
• Two well-appointed bedrooms
• Open-plan kitchen, dining, and living area with seamless flow to a deck
• Generates $450 per week, on a periodic tenancy

Unit 3:
• Large bedroom
• Open-plan kitchen, dining, and living area
• Currently rented at $400 per week, with a fixed tenancy until 11th February 2025

Together, these units deliver an impressive total rental income of $71,552 per annum, with annual rates of $7,126. Situated in a highly sought-after suburb, this property is close to local amenities, ensuring strong tenant demand and stable rental occupancy.

Updated rental appraisals and a LIM report are available upon viewing. Don’t miss this fantastic investment opportunity – call Mel or Ava today to arrange your viewing!

Property Information

Listing ID
T24656
Year Built
1898
Property Type
House

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Disclaimer

The information presented on this page has been prepared, or is based on information supplied, by the property owner or their legal representative. Whilst all reasonable effort is made to ensure the information accessible on this page is current, we do not perform any independent verification in respect of, and we give no warranty as to, the accuracy or completeness of the data and information accessible on or through this page. Information that has been supplied by the vendor or their agents, Tommy’s Real Estate Limited is merely passing over this information as supplied to us and, to the maximum extent permitted by law, we do not accept any responsibility to any party for the accuracy or use of the document or information herein. You should make your own enquiries and we encourage you to seek your own legal advice before acting on the basis of the provided data and information.