5/39 & 6/39 Tower Street, Hornby

  • 50 sqm
  • 2
  • 1

Investment Excellence

Property ID: 5512905

Centrally situated in the thriving heart of Hornby are these tenanted, two-bedroom units that can conveniently be purchased either individually or as a pair.

Investors will relish the excellent rental history with an approximate 7% return between the two units.

The first of the two is unit five, which is situated on the ground floor and currently returns $320 per week. This unit was thoughtfully refurbished in 2015 and features complete double glazing, a contemporary bathroom and an upgraded kitchen with stainless steel appliances. Another advantage is its low-maintenance courtyard that hosts a sun-drenched deck.

Unit 6 is the second offering and is positioned immediately above unit 5. This property is rented for $280 per week and exhibits largely original décor that would respond superbly to modernisation.

These north-facing units also share commonalities with each featuring in-built wardrobes, a dedicated carport, an HRV system and a heat pump.

Located only a stroll from the bustling centre of Main South Road, it means you are just moments from The Hub, Dress Smart and the multitude of shops that are offered in this lively locality, and nearby public transport routes ensure you can easily access the inner-city.

Buyers looking to expand their rental portfolio will undoubtedly gravitate towards these units.

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