5 Bed
3 Bath
809 m²
5 Bed
3 Bath
809 m²
A genuine dual-living arrangement, positioned just a few minute's drive into the CBD. A prime high-yielding investment opportunity, one that will excite your accountant & financial planner.
The main residence has endured an extensive renovation in recent years, giving it a fresh & modern look. Comprising of four bedrooms, two bathrooms and multiple living spaces, the residence has made the perfect for its current residents. From the professionally installed cabinet-maker's kitchen to the modern bathrooms, every little detail in between has been tastefully finished.
The second residence comprises of a one bedroom flat, completely self-contained with its very own private backyard & personal access. Currently vacant & awaiting its next occupant, it will make the ideal home for a single or couple. Whilst there is two residences on this large 809sqm lot, the fenced yards provide plenty of space for pets/kids to roam, whilst privacy remains a high priority.
From the Weekes Perspective:-
- Two residences providing a high yielding opportunity - Near 6.5% Net return
- Residence one (140a) Large 4 bedroom, 2 bathroom modern residence renovated in recent years
- Current tenant in place on a 6 month lease paying $650 per week
- Quality refurbishment completed in recent years including kitchen, bathrooms, flooring, lighting & window furnishings
- Air-conditioning in all the bedrooms & the main living area
- Large outdoor alfresco area which overlooks the large fenced backyard, private to the other residence
- Solar panels to manage efficient power usage
- Residence two $140b) Spacious one bedroom flat, completely self-contained with its very own private access from the road & nice size fenced backyard
- Rental appraisal of $420 per week - tenant applications are on hold should you wish to have possession of the flat yourself
- Comfortable size kitchen combined with the living/dining - separate bedroom
- Air-conditioning to keep the flat at a comfortable temperature
- Nice outdoor alfresco area combined with a pleasant grassed backyard
- Less than 5 minutes into the CBD, reputable schools & major shopping all close by
- Council rates $1650 (approx) per half year