15 Hynes Street, South Johnstone

Other

Beds: 4
Baths: 1
Carparks: 3
Land Size: 1060 m2

Offers Over $750,000

Land on Hynes Street – Collect 9.6% NET (Approx.)

Step into your own Monopoly board.

MoDa Real Estate is proud to present an outstanding investment opportunity delivering an approximate 9.6% NET return. Whether you are a hands-on investor or prefer a passive approach, this is an asset designed to perform.

Positioned in South Johnstone, this dual-income property combines a stable residential tenancy with a high-performing storage facility - a rare and powerful combination.

The Residence:

The residential component comprises of a charming post-war style home featuring 4 bedrooms and a bathroom with open-plan living, generous proportions and abundant natural light. The property is well maintained and currently tenanted by happy, long-term occupants, providing immediate income security.

The Storage Facility: 21 Sheds

Complementing the residence is a well-established storage facility comprising of 21 individual storage sheds, consistently maintaining near-full occupancy for years — with only a brief 48-hour vacancy period in the past two years.

Immaculate in presentation and Art Deco in character, the facility includes:

- Timed lighting
- Remote control access
- Truck access
- Separate pedestrian entry
- Unisex ablutions for tenant convenience

The buildings are in above-average condition and positioned safely away from flood or stormwater risk, making them a preferred choice for storage clients in the area.

The Opportunity:

With verified financial figures available and a proven occupancy history, this is a genuine income-producing asset offering both stability and diversification.

There is also clear blue-sky upside across the entire property for investors looking to further optimise returns over time.

Opportunities delivering this level of return, asset diversity and operational simplicity are increasingly rare in the current market.

Serious investors should place this at the top of their inspection list.