Investors Cash Cow or Owner Occupiers Security

Description

Rarely does a property come on the market that makes so much sense.

5/11 Hamilton Street Osborne Park is the pick of the apartments in the area.

Located within 8kms from the Perth CBD and walking distance to everything including, but not limited to;

Primary school
Daycare
Bus Stop
Cafes
Restaurants
Hair dressers
Doctors
Gym

The location, coupled with the move in ready renovation, makes this apartment always attractive to a wide variety of tenants and is therefore always leased.

With the high level of demand, it allows the current vendors to ask for a premium rent for this type of property in this area. Currently leased for $350pw the tenants are occupying the property until February 2023 but have expressed interest in staying on. But if you are not an investor and you want to live in the apartment you can not renew the lease and move in yourself. At this point it is more affordable than renting.

This apartment is 2 bedrooms, 1 bathroom, and renovated with modern neutral décor throughout. It is in a small secure, gated complex of only 16 units.

The current tenants like it because it is safe, quiet and spacious. The current owners bought it because of its location to everything and the return it produces. They are selling due to selling down their investment portfolio.

Take advantage of this one and add it to your portfolio to add some cash flow.

Inspections by appointment.