4 Perkins Street, Alexandra

Versatile Investment Opportunity – Three Unit Complex in Quiet Location

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Bed
6
Bath
3
Car
3
Land
1166 sqm
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This well-maintained three-unit complex offers comfort, convenience, and a great investment potential. Each unit boasts two spacious bedrooms with built-in robes, a modern bathroom, and open plan living designed for effortless flow. Enjoy the comfort of split system heating and cooling, and the convenience of electric cooking and a Euro-style laundry.

Relax with a morning coffee on your private front porch or unwind in the paved back courtyard. Each unit includes a remote-controlled single lock-up garage with additional storage space, as well as back access and extra parking space to the units.

Set on a generous 1,166sqm block, the complex enjoys a peaceful location overlooking a reserve. You'll love the easy walking distance to local shops, parks, sporting facilities, and the rail trail, making it an ideal choice for tenants seeking a quiet yet central lifestyle.

Units 1 and 2 have been freshened up, while Unit 3 has had a long-term tenant of 15+ years, offering stability and a reliable rental income. All units are currently tenanted on fixed-term leases, making this an attractive, ready-to-go investment opportunity.

Don't miss out on this rare find in a sought-after location!

Current rental income: Unit 1: 2 Bed, 1 Bath, 1 car - $320 per week - Lease Expiry Date: Currently on Periodic Tenancy Unit 2: 2 Bed, 1 Bath, 1 car - $320 per week - Lease Expiry Date: 19th November 2025 Unit 3: 2 Bed, 1 Bath, 1 car - $265 per week (rental increase due 3/9/2025 to $285 per week) - Lease Expiry Date: 28th February 2026

The property is currently generating a rental return of approximately $47,060 per annum.

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4 Perkins Street, Alexandra