Back Hamilton City5/3 Somerset Street

Over 6.7% Gross Yield Return!

5/3 Somerset Street, Frankton

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This sure-fire investment won't fail to excite buyers. Constructed in 2015, the three levelled double-glazed townhouse comprises low maintenance brick and linea board construction lies in a central city location futureproofing ongoing popularity.
Investors will see an extraordinary opportunity here. The home's four independently let-able and well-appointed bedroom studios collectively return $1030 per week (inclusive of power). Four weekly income streams mean there'll always be rent coming in, even during a tenant changeover. The individual rooms are furnished with kitchenette facilities and an ensuite. Cleverly configured, the modern layout encompasses communal open plan living/kitchen/dining and double garaging at ground level. The first level offers three of the four bedrooms with a supersized bedroom occupying the upper level. The chattel list is extensive.
Superbly located for professionals, the inner central business district is in easy walking distance and the area is dotted with lifestyle attractions including the Frankton shops, Seddon Park, the FMG stadium and local eateries. Contact Yvenna or Craig for further information today.

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Main property features

4412 

 

Features

  • Property Type:

    Townhouse

     
  • Roof:

    Iron

     
  • Tenure:

    Stratum in freehold

     
  • Tenure Detail:

    An Estate in Stratum in Freehold being Principal Unit 5 and Accessory Unit 10 Deposited Plan 481715.

     
  • Approx year built:

    2015

     
  • Property condition:

    Excellent

     
  • Garaging / carparking:

    Internal access, Double lock-up, Auto doors

     
  • Construction:

    Weatherboard, Brick and Mixed material

     
  • Joinery:

    Aluminium, Double glazing

     
  • Flooring:

    Carpet

     
  • Window coverings:

    Drapes, Blinds

     
  • Chattels remaining:

    Blinds, Fixed floor coverings, Light fittings, Rangehood, Garage Door Remote, Cooktop, Smoke Detector, Wall Oven, Washing machine, Dyer, Dining tables(4)+Chairs (8), Beds (4), Fridge (4), Sofas (4), Microwaves (4), Fridge (5), Desks (4), Televisions (4) Microwave (4), Wall heater (4), Drapes

     
  • Kitchen:

    Modern, Open plan, Separate cooktop, Separate oven, Rangehood and Pantry

     
  • Living area:

    Open plan

     
  • Main bedroom:

    Double

     
  • Ensuite:

    Separate shower

     
  • Bedroom 2:

    Double

     
  • Bedroom 3:

    Double

     
  • Bedroom 4:

    Additional Info (All furnished) and Double

     
  • Workshop:

    Combined

     
  • Views:

    Urban

     
  • Fencing:

    Partial

     
  • Land contour:

    Flat

     
  • Water supply:

    Town supply

     
  • Sewerage:

    Mains

     
  • Locality:

    Close to schools, Close to shops, Close to transport

     
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