1-4/12 Lobelia Close, Metford NSW 2323

Property Details: • Type: Block of Units

• Bedrooms: 6 • Bathrooms: 4

Description: Positioned in a quiet cul-de-sac in Metford, 12 Lobelia Close presents a rare opportunity to secure a complete block of four strata-titled units, delivering strong immediate returns, minimal ongoing maintenance, and exceptional long-term flexibility. This is a High-Yield, fully refurbished investment: an entire strata-titled complex. Whether you're an astute investor or purchasing within your SMSF, this is a strategic acquisition with multiple income streams and future upside through individual strata sell-down. The Complex The complex is of solid double brick and tile constructions. Centred around a neat common entry with staircase and foyer, complemented by four allocated carports and a shared storage room. A long-term tenant in Unit 1 takes pride in maintaining the gardens and surrounds, enhancing the overall presentation and keeping the property low-maintenance. • Two spacious two-bedroom units • Two well-appointed one-bedroom units • Three currently tenanted, with one vacant and ready for immediate leasing or inspection Extensively Refurbished: A comprehensive upgrade program has been completed across the entire complex, significantly reducing future capital expenditure and enhancing tenant appeal: • Fully restored and repainted roof, including replacement of cracked tiles, ridge re-capping, and full respray • All external surfaces refreshed, including balconies, eaves, and fascia • Entire complex repainted internally, including all units and common areas • Brand new kitchens installed in all units (Unit 4 completed in 2024, remaining units within the past 12 months) • New carpets installed throughout all units and shared spaces • New hot water systems installed across the complex • Three new air conditioning units for improved comfort • Upgraded electrical switchboards in Units 1, 2 and 3 • New lighting installed throughout The result is a modernised, low-maintenance asset with nothing further required-ideal for investors seeking a set-and-forget addition to their portfolio. Current Income Snapshot (With Confirmed Increases) • Unit 1: $400pw Increasing to $450pw (April 2026) • Unit 2: $370pw Increasing to $430pw (April 2026) • Unit 4: $400pw Increasing to $420pw (April 2026) • Unit 3 (vacant): Estimated $450-$500pw Projected Gross Weekly Income: • $1,750 - $1,800 Projected Annual Income: • $91,000 - $93,600 Investment Highlights • Fully strata-titled , retain as a high-performing portfolio or sell individually over time • Strong rental uplift already secured • Multiple income streams with staggered increases • Recently refurbished throughout , minimal capital expenditure required • Low-maintenance asset with established tenancy profile • Ideal for SMSF buyers seeking reliable, diversified cash flow • One vacant unit provides for inspections and is ready for immediate leasing. Location & Convenience • Approx. 3km (5 mins) to Stockland Green Hills Shopping Centre • Approx. 4km (6-7 mins) to Maitland Hospital • Approx. 2.5km (4-5 mins) to Metford Train Station (Hunter Line to Newcastle) • Approx. 30km (30-35 mins) to Newcastle CBD • Approx. 2km (3-4 mins) to Metford Public School • Approx. 3km (5 mins) to Maitland Grossmann High School • Close to parks, local shops and everyday amenities within 2-5 minutes The Opportunity Opportunities to secure an entire, refurbished unit complex of this calibre are increasingly rare. With strong income, minimal upkeep, and the added advantage of strata flexibility, 12 Lobelia Close offers both immediate return and long-term growth potential. For further information or to arrange a private inspection, please contact Sharon Skelton on 0402 433 317. Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this document.