Coming to market for the first time in over 20 years, this home has been rented by the same incredibly reliable tenants for nearly two decades! Currently paying $510 per week with a lease in place until December, they would love to stay on and if they do, a scheduled rent review in January provides immediate upside for the new owner.
Neat, tidy and comfortable throughout, the home offers three bedrooms, two bathrooms (including an ensuite), a spacious front lounge, separate dining, functional kitchen, and a private patio area. The solid brick construction, secure fencing and adjoining carport layout all add to its low-maintenance appeal.
Should you choose to keep the existing tenants, you’ll enjoy instant stability with an upcoming rent increase. If you prefer to modernise the home later, rental potential sits around $700–$720 per week in the current market.
Positioned within walking distance to the hospital, CBD, shops, transport and local amenities, this Piccadilly location is consistently sought after particularly by long-term renters and medical staff wanting convenience at their doorstep.
An unbeatable opportunity for investors chasing security, yield and location all in one.
Offers From $399,000, call Danielle to secure this rare long-term performer today!
Highlights
• Offers From $399,000
• Freestanding brick unit
• No strata fees
• 272m² low-maintenance block
• First time offered in 20+ years
• Same tenants for nearly two decades
• January rent review already scheduled for the current tenants
• Potential rental return $700–$720/week with cosmetic updates
• Three bedrooms, two bathrooms including ensuite
• Spacious front lounge + separate dining area
• Functional kitchen with good storage
• Private covered patio and tidy courtyard
• Secure adjoining carports
• Evaporative air-conditioning
• Walking distance to the hospital, CBD, shops and amenities
• Perfect for investors seeking location, stability & long-term returns
View more
View more
