If you're looking for a straightforward, no-fuss investment with income locked in, this one ticks the boxes. This solid lowset brick unit offers immediate returns with a secure lease in place until November 2026, making it the perfect addition to a set-and-forget portfolio. Positioned in a convenient Woodridge location close to shops, transport and everyday amenities, this property continues to attract consistent tenant demand. In mostly original condition, it presents exactly what seasoned investors look for - low entry price, stable tenancy, and future upside potential. PROPERTY FEATURES: 2 Bedrooms - Practical layout with consistent tenant appeal Lowset Brick Construction - Durable, low-maintenance investment Open plan living and dining area Functional kitchen and bathroom in original condition Easy-care layout throughout Allocated carport parking INVESTMENT HIGHLIGHTS Lease secured until November 2026 - immediate and reliable income Long-term tenant in place - reduced vacancy risk Low maintenance property - minimal ongoing costs Opportunity to add value in the future with cosmetic updates LOCATION BENEFITS Close to local shops, schools and public transport Easy access to major roads and amenities High-demand rental pocket This is the kind of property that keeps things simple - buy, hold, and collect the rent. With a secure lease already in place and solid fundamentals, 9/16 Forest Street is a smart, no-nonsense investment in a proven rental market. With only one thing left to do… That Is...Beat The Crowds!
RealistIQ deal score
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0
/100
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RealistIQ estimate available
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RealistIQ estimate range: $352,000 - $602,000Wider ranges mean more uncertainty.
RealistIQ estimate$477,000
$352,000$602,000
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