Two Dwelling Property on a 708m2 block with a combined weekly return currently of $865 pw and about to increase to $1,000 pw.Huge potential and possibilities for future development with an attractive rental income until you're ready!
This property features-
Front house, 1/96: Cute cottage built circa 1950's 3 bedrooms, 1 bathroomGood sized kitchenSeparate dining and living areas 1 car carport Lease until August 2023 at $450 pw with long term tenants who want to stay on.
Back house, 2/96:Built 1991Two bedrooms both with built in wardrobesRecently renovated bathroom Big kitchen and large open plan living Fenced back yard plus garden shed 1 car carport Tenants moving out by the end of month, current rental appraisal $550 pw.
GCCC Rates- $2,842 paWater Rates- Properties are individually water metered with tenants paying all water consumption.
Central Southport location, under 5 minute drive to the beautiful Broadwater Parklands, Southport CBD, Chirn Park and Major shopping centres. Griffith Uni just around the corner & Southport High School a short walk away - Location, Location with big potential!
