5/14 Welsh Street

Positioned within a complex in a convenient location, this spacious property offers flexibility for both investors and future owner-occupiers alike. The upper level features three large bedrooms, one bathroom, a separate toilet, a functional kitchen, a lounge area and a separate dining room. Downstairs includes a large storage area, laundry and an additional room measuring approximately 4m x 8m. Outside, the property benefits from a fully fenced yard with exclusive use of the front yard area. The roof was replaced less than two years ago, providing added peace of mind for future owners. The property is currently rented for $2,240 per month with a lease in place until 23 August 2026. The last rent increase occurred on 15 February 2025, providing immediate rental income for investors while also offering a future opportunity for buyers looking to move in once the tenancy expires. Rates are approximately $1,827.42 per half year. Body corporate fees are approximately $4,655.80 per annum for the administration fund and $3,000 per annum for the sinking fund.