Investment Opportunity, Ready and Waiting

Listed 9 Jun
A, B & C/36 Sturge Street, Cobden, Grey, West Coast
Asking price $385,000
Details


Investment Opportunity, Ready and Waiting
Investors Wanted - Three Income-Producing Flats on One Title
A rare opportunity to secure three tenanted flats under one roof, offering immediate rental income and strong investment appeal.
Set on a 809m² freehold section, this 1910s character property comprises:
Flat 1: Two bedrooms Flat 2: One bedroom Flat 3: Two bedrooms + garage
Total rental income: $725 per week
With approximately 200m² of floor area, the property provides a practical and proven investment setup. Both two-bedroom flats include family-friendly bathrooms with bathtubs, and all units are compliant for tenancy.
There is scope to enhance the property over time, with maintenance and upgrades offering the potential to further increase rental returns.
This is a straightforward, fully tenanted investment with established cash flow from day one. Whether you are looking to expand your portfolio or secure your first multi-unit investment, this property offers scale, land size, and reliable returns in one package.

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