This quirky and charming character terrace home is sold on one title but has 2 solid separate freehold duplex units on it. Now astute buyers should already be thinking!!
OPTIONS
- Live in one unit and rent the other out full time to help pay the mortgage
- Rent out one unit full time then rent the other out as Airbnb and block out your own holidays to visit Albany
- Rent them both out full time. One unit is currently under management and returning 320 p/w till Christmas The other is about to be rented (unless you are quick) also asking $320 p/w. That's a total income of $640 per week on a purchase of $450,000
- Or start your own Airbnb business, furnish them and rent them both out on a nightly basis.
The units are solid construction 2 bedrooms, 1 bathroom with extra high ceilings and pine floors. Plus each unit has a private back yard and patio and shed. Being older there is some modernising or repairs that a new owner can get stuck into but as they are perfectly located walking distance to CBD and making them ideal as short term holiday enthusiasts they are a perfect purchase. Roll up your sleeves, do some work then relax on the sunny north facing patio. View by appointment with the exclusive agent Rita McLean (notice required to be given to tenants). So call Rita on 0427 423 200 or email rita.mclean@raywhite.com