1-4/1 Adelaide Street

Flora Hill VIC 3550

Consider, all new vinyl plank flooring and carpets, new window furnishings, new split system heating and cooling units, new kitchens and bathrooms ? all freshly repainted. In cool, contemporary tones of grey-and-white, the designs are looking sharp.

The spacious kitchens are a real surprise, and feature an under-bench oven, electric cooktop and rangehood, dishwasher and pantry. They also incorporate a clever laundry space. The bathrooms are likewise fresh and modern. The bedrooms have mirrored built-in-robes and fans.

Outside, the rendered exteriors have freshly-painted walls and eaves. Colourbond fences separate each backyard into a neat, low-maintenance and private space.

The property currently has a total weekly rental return of $1410 ($73,320 annually) which represents a gross return of close to 5.5%. This, coupled with the excellent location near La Trobe University, and recent work, means you get an easy-to-choose addition to the portfolio.

Unit 1 - $350 per week - leased until August 2025
Unit 2 - $360 per week - leased until August 2025
Unit 3 - $350 per week - leased until February 2025
Unit 4 - $350 per week - leased until February 2026