13/1 Syme Street, Williamstown, VIC 3016

$430,000

  • 1

    BED

  • 1

    BATH

Exceptional Investment Opportunity – Lot 7 (Room 13), 1 Syme Street, Williamstown

Discover a secure and lucrative investment in a prime location. Lot 7 (Room 13), 1 Syme Street, offers investors a hassle-free property with strong returns and long-term potential. Positioned in a highly sought-after area, this property is perfectly placed to deliver consistent income and long-term value.

Investment Highlights:

Reliable Income: Enjoy a steady rental income of $27,994.68 per year, with a rental review scheduled for October 2025 to ensure ongoing competitive returns.

Tenant-Supported Upgrades: The tenant is responsible for planned upgrade works, maintaining the property's appeal and competitiveness. Ownership and maintenance of these upgrades remain with the tenant for the duration of the lease.

Flexible Lease Terms: Owners have the option to terminate the lease after 10 years (effective November 8, 2033). Upon lease expiry, ownership of the tenant's upgrade works transfers to the landlord, enhancing the property's long-term value.

Outgoings:
Owners Corporation Fees: Approx. $1,711.00/year
Council Rates: Approx. $1,733.25/year
Water Rates: Approx. $669.12/year

Why Invest?
This property represents a low-maintenance investment with dependable income and built-in flexibility. With the tenant managing upgrades and a structured lease agreement offering long-term security, it's a smart choice for any portfolio.

Don't miss this fantastic opportunity to invest in Lot 7 (Room 13), 1 Syme Street. Contact us today to learn more or schedule a viewing!

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  • METHOD OF SALE

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  • ADDRESS

    13/1 Syme Street

    Williamstown VIC 3016

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