Beautiful Character Home with Double Income
Opportunities such as this are very rare... Offering a total rental income of $625/week across two separate tenancies (about to change to $645/week), this property will be high on any investors wish list.
The main home, tucked away in a private setting and built in the early 1900's, is brimming with period features and character charm. The main residence offers 3 bedrooms, 2 bathrooms and a very desirable floorplan for families while the rear recently renovated studio offers a single bedroom, bathroom, kitchen and generous living area.
Features of the property are: • Main house with 3 large built in bedrooms - master bedroom features a walk-in robe and ensuite with double vanities • Well-appointed family-style kitchen with gas cooktop and stove • Enjoy year-round comfort with reverse cycle air-conditioning in the lounge and kitchen • A large shower and freestanding bath compliment the recently renovated main bathroom • Separate indoor laundry and office nook • Huge east-facing covered deck with French doors to the kitchen/dining • All this PLUS a separate fully self-contained studio unit at the rear of the block • NBN - Fibre to the Node (FTTN) • Half Year Net General rates - $1,457.60; Water Access - $349.94, • School Catchment - Newtown SS & Harristown SHS
If you are looking for a spacious home with great earning potential in a prime location with local shops, schools and parks are all within walking distance, 24 Wallace Street is your answer.