3 Bedroom House in New Park

This offering presents a compelling, low-maintenance investment opportunity: two separately titled, well-maintained townhouses in the highly sought-after New Park area. The strategic proximity to the local university makes this a prime asset for tapping into Kimberleys robust student accommodation market, ensuring strong, consistent rental demand.

Investment Highlights

Exceptional Location: Situated within easy walking distance of the university campus, maximizing appeal to the large student tenant pool. Proximity to schools and essential amenities further enhances rental viability.

Dual-Income Stream: Two independent units provide immediate, diversified rental income from day one.

Low Operating Costs: Both units feature low-maintenance construction and paving, significantly reducing ongoing management and upkeep expenses.

Essential Utilities: Each unit has its own prepaid electricity meter, simplifying utility management and minimizing landlord risk. A shared JoJo tank and pressure pump system provides essential water backup, a critical feature for tenant satisfaction.

Future Expansion Potential: A key value-add is the existing two single garages one per unit, which can be potentially converted into additional self-contained living units e.g., bachelor pads, substantially increasing the total rental yield and return on investment ROI.

Unit Specifications:

Unit 1 1 Bedroom

Configuration: 1 Bedroom with built-in cupboards, 1 Bathroom.

Living Area: Neat Living Room TV Lounge.

Kitchen: Equipped with hob and under counter oven.

Ancillary: Separate Laundry Scullery area.

Parking: Single Garage High potential for conversion into an additional rental unit.

Utilities: Own prepaid electricity meter.

Unit 2 2 Bedrooms

Configuration: 2 Bedrooms with built-in cupboards, 1 Full Bathroom.

Living Area: Spacious Living Room TV Lounge.

Kitchen: Equipped with a loose stove.

Ancillary: Separate Laundry Scullery area.

Parking: Single Garage High potential for conversion into an additional rental unit.

Utilities: Own prepaid electricity meter.

This is a turnkey investment designed for immediate rental commencement for familiesstudents and future capital appreciation via strategic garage conversion.