1/618 Ripon Street S

Redan VIC 3350

An outstanding opportunity awaits investors looking for a low-maintenance property with a secure income stream. Positioned within a well-maintained complex of just three townhouses, this spacious and immaculately presented residence offers the ideal set-and-forget investment. Currently leased to a long-term tenant at $390 per week until January 2027, with the tenant keen to remain, this is an investment opportunity not to be missed. Upon entry, you're welcomed by a wide entrance hallway that immediately showcases the generous proportions of the home. At the front of the property, a spacious living room is bathed in natural light thanks to a beautiful bay window, creating a warm and inviting atmosphere. Flowing through to the open plan kitchen and meals area, you'll find an abundance of cupboard and bench space, a walk-in pantry, and gas cooking, making the space both practical and functional. Year-round comfort is assured with electric central heating and cooling throughout, complemented by a split system for additional heating and cooling. Both bedrooms are exceptionally generous in size and feature built-in robes, while the master bedroom enjoys the added convenience of a walk-through robe leading directly to the two-way bathroom. The bathroom is well appointed with a separate shower, full-sized bath, and separate toilet. Beautiful hardwood flooring flows through the living areas, while both bedrooms are fitted with quality carpet for added comfort. Outside, the enclosed rear yard provides a private and low-maintenance outdoor space, while the automatic single lock-up garage completes the package. Offering strong rental returns, excellent presentation, and a quality tenant already in place, this is a smart addition to any investment portfolio. Contact me today to arrange your private inspection.