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1-4/68 Weaver Street
Atherton, QLD 4883
$1,590,000
Overview
The Ultimate "Set & Forget" Portfolio Addition
This property comprises a complex of four townhouse-style units offered as a single title, providing an exceptional opportunity for investors seeking a low-maintenance, high-return asset. Constructed with durable masonry block, the complex is designed for longevity and minimal upkeep, making it an ideal investment for consistent rental income.
Property Highlights:
- The complex includes four townhouse-style units consolidated on one title, which reduces separate rates and fees.
- Each unit features a smart layout with two bedrooms equipped with built-in wardrobes, a single bathroom, open-plan living areas, and a dedicated single carport.
- Parking is ample with four dedicated single carports, one allocated per unit.
- Located in a prime, walkable area close to major shopping centers, walking and bike trails, healthcare, and educational facilities.
Investment Profile:
- The area experiences low vacancy rates due to high demand for two-bedroom rental properties, ensuring a steady stream of tenants.
- Concrete block construction reduces ongoing maintenance costs and provides excellent fire and sound insulation.
- There is potential for future growth either through long-term cash flow or by exploring strata titling options (subject to council approval) to maximize exit strategies.
Location and Lifestyle:
Convenience is a key driver for rental growth in this area. Tenants benefit from easy access to essential amenities while enjoying the tranquility of a well-established complex. The property's location supports a lifestyle that balances accessibility with peaceful living.
Financial details and rental appraisals are available upon request. This is a rare chance to acquire a multi-dwelling asset in a high-growth corridor, suitable for investors looking to expand their portfolio with a reliable and promising property.
Please note that the property is currently tenanted, and inspections require at least 48 hours' notice.
Location
Atherton QLD 4883
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 269 sqm |
Market Insights for Atherton QLD 4883
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