48 Kaniva Street

Property Photos

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About this property

HighYield, MultiResidence Investment Opportunity. Highyielding, flexible, and futureproof, a property like this is built for investors who want strong, immediate returns, offering three fully selfcontained residences, all currently leased and generating a solid $69,600 per annum giving an impressive 8.1% rental yield from day one. At the front, the main residence offers three bedrooms, a central bathroom, a generous lounge, and a modern kitchen with meals area. Just behind it sits the studio, a neat onebedroom/living space with its own kitchen and bathroom, always in demand for its simplicity and affordability. Completing the trio, the granny flat at the rear provides two bedrooms, a central bathroom, and an openplan living and dining area overlooked by a modern kitchen. For investors, the appeal is obvious: three incomes, one title, low vacancy risk, and a diverse tenant mix that supports longterm stability. The property also holds strong appeal for extended families, a rare setup where everyone can live close while maintaining independence and privacy. In an outstanding Dallas location, the home is just footsteps from Holy Child Primary, and the Upfield Soccer Club, an easy walk to both Ilim and Sirius College junior campuses, and within easy reach of a large selection of shops, additional schooling, kindergartens, public transport and major arterials. DISCLAIMER: In preparing this information, Barry Plant Glenroy has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the photos, property area, floor size, price, address and general property description) has been provided to Barry Plant Glenroy by third parties. As such, Barry Plant Glenroy makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.