$308,000

4 / 183 Palm Avenue, LEETON NSW 2705

3 Bed

1 Bath

1 Car

$308,000

4 / 183 Palm Avenue, LEETON NSW 2705

3 Bed

1 Bath

1 Car

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Bulletproof! Prime CBD Investment Opportunity

Currently leased for $320 per week, but with a market value much higher than that, this modern full brick townhouse is one of the safest investments you'll find in the city.

Located directly opposite Woolworths and within walking distance to everything the CBD has to offer, investors should feel confident in their ability to always attract a tenant. Combine this with a solid construction and a functional layout and all that's left to do is snap it up!

Offering a large tiled living area, in-slab heating, evaporative cooling, a fully equipped kitchen and 3 large bedrooms with built-in wardrobes in all but one. You'll also appreciate the internal laundry and a private courtyard when considering the value on offer.

With Leeton's real estate market on the up and with a vacancy rate of less than 1%, this is your chance to consolidate all your hard work through an investment which offers an approximate 5.5% Gross Return.

- Rent Increasing to $330 in February 2023
- Other Units in the complex leased between $340-$360
- Last sale in complex: $308,000 April 2022

Contact Luke or Jordan at LeetonRE today!

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