9-11 Leichhardt Street is a prime opportunity for those looking to capitalise on taking advantage of purchasing 8 units in one line. The complex consists of 2 blocks of 4 units on separate titles. Absolutely perfect for Government Housing/NDIS Suppliers, farming families and sophisticated investors looking for a cash flow opportunity to add to your property portfolio.

Property Summary:

• Complex of 8 ground level units (2 x 2-bedroom units & 6 x 1-bedroom units)
• 1970 solid brick build, exceptional condition
• 1584m2 land size – 2 titles
• East side location
• No body corporate fees
• Ultra-low maintenance grounds
• Redevelopment potential
• 100m to Southtown Shopping Centre
• Under 200m to public transport
• Separate remote lock up garages
• Stone benchtops
• Security screens & ceiling fans
• Spacious built-in bedrooms
• Separate full-sized laundries
• Combined living and dining

Tenancy Agreements:

1/9 Leichhardt Street: Lease to 15 June 2026 (2 bed) @ $470/week
2/9 Leichhardt Street: Lease to March 2026 (1 bed) @ $380/week
3/9 Leichhardt Street: Lease to 10 August 2026 (1 bed) @ $340/week
4/9 Leichhardt Street Lease to 17 August 2026 (1 bed) @ $375/week

1/11 Leichhardt Street: Lease to 19 January 2026 (2 bed) $430/week - can increase in January
2/11 Leichhardt Street: Lease to 15 January 2026 (1 bed) @ $400/week
3/11 Leichhardt Street: Lease to 1 June 2026 (1 bed) @$350/week
4/11 Leichhardt Street: Lease to 26 October 2026 (1 bed) @ $360/week

Outgoings:
Water Rates: $373.06/lot/half
Land Rates: $3259.97/lot/half
Building Insurance: $3298.95/lot/ pa
Landlord Insurance: $2920 pa
Yard Maintenance: $1500 pa

All 8 units are currently rented and there is an immediate opportunity for an uplift in the rental income with lease renewal or vacancy opportunities available as early as December and January. Contact Angela to arrange an inspection.