106-108 Country Club Drive

A quadruple threat. Rental yield, Future subdivision or redevelopment (STCA), Long-term improvement, Location.

With a current total annual rental yield of $55,220.85, this well maintained property of approximately 1205 square metres, is a set and forget investment. The tenants love the location and amenity so much, that they are all long-term renters. If you are an active investor, there is the opportunity to improve each unit individually, to increase future yield. Alternatively, the property could be subdivided into three separate lots or redeveloped (STCA). Current accommodation offers a three-bedroom villa at the front, completely and privately separated from the rear villas, by a private and well-manicured courtyard. The two villas at the rear, each have two bedrooms and spectacular outlooks across the Clifton Springs Golf Course. Each of the three villas has an attached lock-up garage with internal access to the home, extensive storage, central bathroom with shower and bath, separate laundry with external access and private outdoor spaces. However, it is the location that makes this property so magnificent. It is less than a 1 km walk from The Dell (the only swimming beach in Clifton Springs), has direct access to the perfectly manicured golf course, and is walking distance to Drysdale town centre, which is home to supermarkets, shops, cafes and a post office.