$ 800,000.00
109 Diamantina Cres Kaleen ACT 2617
$800,000+
Start Milking this Cash Cow!
If you've wanted to start an investment portfolio or already have one, then what a place to begin it or add to your existing list. With three cash producing dwellings on the one title, income will be the outcome when you purchase this investment diamond on Diamantina.
Currently let at a staggering $1,380 per week with only one set of outgoings, your return on investment here is fabulous. The property consists of a four bedroom ensuite home plus a purpose built freestanding one bedroom cottage and a self contained one bedroom flat Two of the the three tenancies are on long leases and the block of land is a magic 981m2.
Buy this now and reap the benefits of positive cash flow or live in one and rent the others out. Whatever you decide to do, from an investment perspective, you can't go wrong. Kaleen has long been an undervalued suburb and with the development of Lawson, coupled with the recent price spike in the Inner North, it is set to go off!
Features:
- Four bedroom ensuite home rented at $690 per week with approx 2 years left on the lease
- One bedroom, self contained flat rented at $360 per week with approx. 15 months left on the lease.
- One bedroom, freestanding cottage rented at $330 per week, leased until May this year
- Combined income of $1,380 per week with one set of rates and land tax
- Huge corner block of 981m2 in popular Kaleen
EER 2.0
Have you got the BUG?
Join our propertybug email service for a first look at our new listings.
Property Snapshot
Property Type:
House
Land Area:
981 m2
Features:
Dishwasher
EER:
2.0
