Versatile Multi-Dwelling Investment
Comprising of a generous four-bedroom flat on the ground floor, and accompanied by three self-contained single bedroom units above, 110 Stafford Street presents a unique and versatile accommodation solution for a mixture of tenants.
Immaculately presented and maintained, the property attracts both discerning students and working professionals, while offering ample off-street parking with a spacious area to the rear, capable of holding approximately five vehicles. The added convenience of a freestanding single garage and sizeable garden shed ensures storage needs are well catered for.
Recent refurbishments include a sleek, modern bathroom and kitchen in the lower flat, and an updated bathroom in one of the upstairs units, which not only enhance the living experience but also speak to the meticulous attention to detail invested in the property's upkeep. Although further modernisation of the remaining upper units could see potential for increased revenue, the property currently enjoys a healthy rental income of $1,730 per week under fixed-term tenancies.
Pride of ownership is evident throughout; with the structure, grounds, electrical systems, and interiors all in good condition, little is left to be desired. The property also boasts a favourable earthquake report, indicating no seismic vulnerabilities.
For the astute investor, 110 Stafford Street stands as a turn-key proposition with the promise of further income optimisation - a rare and attractive addition to any property portfolio.
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Please contact me for a further discussion or to arrange a viewing appointment once the information has been reviewed.