The perfect addition to your investment portfolio. Rare dual residence offering exceptional value for those looking for a property producing high income. Quality homes with their own street frontages including a huge five bedroom home and brand new, two bedroom brick home with minimal maintenance grounds. The main residence is super spacious, has undergone a recent freshen up and is currently returning $680.00 per week. The rear residence is brand new, with the first tenancy just proceeding at $450.00 per week. Central to all conveniences, a stroll to the lakefront, cycleway, reserve parklands, bus route and supermarket. A short drive to the M1, surfing beaches, major shopping and schools. With a combined existing rental return of $1,130.00 per week, you won't want to miss this!
Main residence:
• Five bedroom home
• Large modern kitchen with island bench
• Combined dining
• Two separate living rooms
• Spacious bedrooms with built-in robes
• Renovated bathrooms
• Large carport and off street parking
• Easy care, fully fenced yard
• Air-conditioning
• Separately metered electricity
• Current rental return $680.00 per week
Rear residence:
• Brand new, two bedroom brick home
• Modern kitchen with dishwasher
• Two bedrooms with built-ins
• Spacious combined living & dining
• Air-conditioning
• Modern combined bathroom & laundry
• Own street frontage with single garage
• Undercover balcony
• Easy care, fully fenced yard
• Separately metered electricity
• Current rental return $450.00 per week
Outgoings -
Council Rates: $1,723.62 p/a approx
Water Rates: $729.12 p/a approx
Land area: Approx 790sqm