This is a rare opportunity to secure a house and approved granny flat in a great location.
Set on a level 556sqm level block with a solid three bedroom brick and tile home at the front that has had substantial renovations completed. At the rear of the property is a ultra-modern two bedroom granny flat.
This is a smart investment offering a versatile range of options, live in the house and collect an income from the granny flat or rent out both, sit back and watch your investment grow
House;
• Three bedrooms
• Modern kitchen
• Open plan lounge and dining
• Sunroom at rear
• Fully fenced yard
Granny Flat;
• Two bedrooms both with built-in robes
• Modern kitchen and bathroom
• Side access
• Covered parking
• Storage area with 2nd toilet
• Fully fenced yard
Granny Flat Income $325.00 per week with 1st class tenant in current lease.
Projected Income of front house $360.00 - 375.00 per week.
Total expected ROI = $35,620.00 - $36,400.00 per annum.