Looking for a smart investment? This well-located property offers an excellent opportunity with a secure tenant already in place until April 2025, currently paying $420 per week with a MASSIVE estimated gross return of 7.5%

This 2-bedroom, 1-bathroom property is situated in the desirable neighbourhood of Coconut Grove and features a practical layout with modern flooring throughout. The spacious living, dining, and kitchen areas are perfect for easy maintenance and long-term appeal. Both bedrooms are generously sized, providing comfortable living for tenants, while the well-appointed bathroom enhances the overall value.

With a carpark and a land area of 105 sqm, this low-maintenance property is ideal for those seeking a reliable rental income.

Location Highlights:
• Just minutes away from Jape Homemaker Village, perfect for shopping and dining
• Close to Casuarina Shopping Square for all your retail needs
• Markets, shops, and local amenities are all within easy reach
• Enjoy the convenience of nearby beaches for relaxation and leisure
• Only a 10-minute drive to the city, making it a prime spot for easy access to work, dining, and entertainment options

This property offers both a fantastic location and long-term tenant security. Priced at $289,000, it's an investment opportunity you won’t want to miss. Contact us today for more details or to arrange a private inspection!

Other Important Information
Area Under Title: 105sqm
Council Rates: $1,400 (approx.) p.a.
Easements as per Title: None Found
Status: Currently leased until April 2025
Rental Income: $420.00 per week