Featherston
10.0% Yield - $95,420 per year
5 Bedroom + 3 Bedroom on 1,085m²
Price
Price by Negotiation
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10.0%
Gross yield
$1,835 pw
Weekly rent
+$400 pw
Weekly cashflow

Why this property

  • 10.0% gross yield with $400 pw cashflow positive after all expenses, based on 100% borrowing
  • Two dwellings on one site: 5 bedroom, 2 bathroom house and 3 bedroom, 1 bathroom house
  • $95,420 annual gross rental income across two self-contained houses

About this property

A multi-income Featherston property comprising a 5 bedroom, 2 bathroom house and a 3 bedroom, 1 bathroom house, generating $1,835 per week in combined rental income across 377m² of floor area on a 1,085m² site.

With two self-contained houses on one title, this property offers diversified tenancy risk and strong day-one cashflow. Suitable for investors seeking a multi-income Featherston asset.

Financial summary

Purchase pricePrice by Negotiation
Capital value (CV)$1,020,000
Weekly rental income$1,835 pw
Annual gross income$95,420 pa
Gross yield10.0%
Bedrooms5 Bedroom House + 3 Bedroom House
Bathrooms3 (2 + 1)
Floor area377m²
Land1,085m²
Council rates$10,388.41 pa
Insurance$5,000.00 pa
Cashflow positive$400 pw

Two income streams

Configuration Weekly Rent
5 Bedroom 2 Bath House$1,265 pw
3 Bedroom 1 Bath House$570 pw
Total$1,835 pw

Key features

5 + 3 bedroom houses
3 bathrooms (2 + 1)
377m² floor area
1,085m² land
10.0% gross yield
Cashflow positive

More photos

* Cashflow figures are based on 100% borrowing at current interest rates and after expenses including rates, insurance, and property management. Individual results may vary. This information is provided as a guide only and does not constitute financial advice.