Put your eggs in two baskets. Brilliant low risk investment with two identical three bedroom free standing villas on the one title. Unit 1 is vacant, and unit 2 is currently leased for $335 per week until 2017. Fabulous location in highly sought after Gracelands and these properties are separately metered and were originally designed to be set up as a strata/community title, and we understand this can still easily be done (subject to WWCC requirements). This should return approximately 6% on current rental return estimate of $335 per week each.