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**STRATA TITLED TRIPLEX NO BODY CORP ***

We have the great pleasure of introducing for the first time to market an A Grade investment situated in Rosebery with a staggeringly low vacancy rate in comparison to other comparable assets. This over-engineered ground level strata titled triplex comes free of body corporate fees, only strata insurance in place, on a large corner block fully fenced, low maintenance and in pristine condition. Only 6 years old and fully tenanted this fantastic investment. Comprising a truly secure investment with very low vacancy risk.

Its location and proximity to local shops, gyms and schools attracts long term tenants as only minimum tenants have rotated through the property in its 6years under management. 

Unit 1:
Leased Until 22/03/2021
Rental price $475pw
Area Under Title: 354sqm
Easements: Electricity supply Easement to Power and Water Corporation

Unit 2:
Leased Until 01/04/2021
Rental price $380pw
Area Under Title: 207sqm
Easements: none found

Unit 3:
Leased Until 03/05/2021
Rental price $450pw
Area Under Title: 405sqm
Easements: none found

We have had the pleasure of managing this asset since its construction and can testify to its significantly low maintenance fees.  It is not often that a triplex of this size with private external living, and quality workmanship, is presented to the market. Properties free of body corporate fees, rarely exit an astute investors portfolio.

A true set and forget asset with tenants in place until 2021.

Featuring 8 bedrooms, 6 bathrooms, 6 carports, and a very enviable private yard space per lot. Separately metered and highly regarded this property is a pleasure to own a welcomed addition to any investor's property portfolio.  Offers over 1.19 Mil bring the net yield in at approx. 5% What are you waiting for?  - Call to inspect this rock-solid asset now. 

Council Rates: $5,053.98 approx per annum 
Annual Rent: $67,860 approx.
Planning Zone: MD (Multiple Dwelling)
Year Built: 2014
Settlement: 30day
Deposit 5% or variation on request

8 6 6
Address 1-3, 24 Granites Drive, Rosebery
Price SOLD for $1,189,725
Property Type Residential
Property ID 279
Category Block Of Units

Agent Details

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Nikki Vazanellis

0450 473 710
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