11 Tighe Street
Newtown, QLD 4350

Overview

Savvy Investors, This is the One You've Been Waiting For.

Welcome to 11 Tighe Street, Newtown, a prime investment opportunity offering strong returns, significant land value, and promising future growth. This property is a high-performing asset featuring three fully self-contained residences, uniquely positioned with no body corporate fees, which is a rare and valuable advantage for investors.

This property stands out due to its multiple income streams, providing three separate tenancies that reduce vacancy risk and maximize rental income potential. The large, flat, and fully usable block of land spans approximately 1034 square meters, offering ample space and flexibility for various uses.

Each residence includes two bedrooms, one bathroom, and car accommodation, catering to a range of tenant needs and ensuring strong tenant demand with flexible living options. The combined current rental income is approximately $920 per week, with an estimated rental return of $940 per week, reflecting the property's solid investment performance.

Additional features include air conditioning and three garages, enhancing the comfort and convenience for tenants. The property benefits from low ongoing costs, with rates approximately $2754.59 per half year (net) and water access charges around $619.74 per half year (net).

Opportunities like this are tightly held in the market, making it essential to act swiftly to secure this valuable asset. The property offers a unique combination of strong income, low fees, and future upside potential, making it an excellent choice for savvy investors seeking a reliable and profitable investment in Newtown.

For further information or to arrange a viewing, interested parties are encouraged to contact the listing agents directly. This property represents a rare chance to acquire a multi-residence investment with significant benefits and growth prospects in a sought-after location.

Disclaimer: The information provided is believed to be accurate but is not guaranteed. Prospective purchasers should verify all details independently before making any financial decisions.

Location