Don’t miss out!
10 & 12 Jennier Crs Para Hills
* Two properties, 36 metre frontage, Two titles, 1440 square metres (approx) - division policy for 5 Torrens Titles (STCC)
*Long settlement terms of 60 to 120 days available, with option of vacant possession, short or longer tenancy management.
*Both properties are currently yielding $2600 and $3200 per fortnight rental income fully furnished to International students from Mawson Lakes university.
This is an extraordinary opportunity: Two x four bedroom houses set on approximately 1500sqm with 36m frontage + x2 deep-set blocks plus dual-title allotments in this booming high growth area - with the ability to develop up to 5 x Torrens Titled properties (STCC), with two titles and 3-phase power infrastructure already secured
With unprecedented and increasing mountain of government stimulus about to hit the housing market:
- FREE STAMP DUTY for new home buyers,
- $15,000 FIRST HOME OWNER GRANTS,
- 5% GOVERNMENT GUARANTEED DEPOSITS for $900,000 per house
This may be the best time to secure a large slab of real estate in this undervalued high growth location!
Combining a total of -
✣ 1440 square metres (approx.)
✣ 36 metre frontage (approx.)
✣ Deemed to comply for 5 x Torrens Titled properties (STCC)
✣ Nil easements, encumbrances or significant trees
✣ 8 bedrooms, two studies
✣ Front and rear landscaping at both properties
✣ Large insulated 6 metre x 9 metre workshop / four-car garage
✣ Two 22,500 watt three-phase solar systems yielding significant cash return
✣ The ability to fast-charge multiple vehicles
✣ Multiple off-street parking bays
Close to -
- Several large popular and convenient shopping centres
- Multiple primary schools, high schools and day care centres
- Massive ‘District’ outlet mall
- 20 minutes to the city and multiple beaches
- 15 minutes to Western suburbs 10 minutes to Northern suburbs
- Major public transport hubs
- Easy access to several North and South multi-lane freeways
- Expanding University and Defence Technology precincts
- The National Submarine Corporation
- New large popular playground and park
- Large forest reserve with walking trails and lake
- Newly upgraded popular dog park
- Multiple soccer and football recreation ovals and sports clubs
These properties combine location, size, proximity and family-friendly growth potential in one package. In this rapidly growing state, this location is set to become even more desirable!
Ideally suited to an investor, builder or developer, these properties are currently yielding significant rental returns; would also suit families or builders seeking opportunity for a multi-property growth in this house-proud owner-occupier neighbourhood.
Multiple family accommodation with the opportunity to develop up to 5 x Torrens Titled properties (STCC) these solid double brick homes are offered for little more than the cost of current land value.
Developers, builders or investors seeking to secure their portfolio in this booming region can secure two solid cash producing assets to invest or capitalise at leisure in an area where continued growth is assured.
