3 bedroom house plus 2 bedroom townhouse, on a corner site, 470m2 of L3 on one title, zoned TC2. All EQC work is completed and insurance in place.
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u2022 Currently tenanted at $420 and $355 = $775 per week, fixed until February 2015 = $40,300pa showing a 7% return on the asking price.
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u2022 Area average rentals for Sydenham/Waltham for a 3 bedroom house is $467 per week & for a 2 bedroom house is $378 per week sourced from Department of Building & Housing as of 30 Sep 2014, so potential to increase rents and returns.
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u2022 The property consists of: Large three bedroom home which has just been totally renovated. The main living area has a log burner. Bonus of attached conservatory is a real suntrap. Updated kitchen and bathroom. No garage but off-street parking on fully fenced section with gate. Private and an easy care garden area and a storage shed at the back. Plus Standalone single storey townhouse with two double bedrooms, modernised bathroom. The kitchen and living areas are open plan with heat pump, opening out to a private backyard with deck, easy care garden with no lawns to maintain and fully fenced. Off street parking for two cars and storage shed also.
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u2022 This unique property would make an ideal investment or it has options for an extended family.
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To view please call Braziers on 3 777 122