Featuring two brick and tile, single level Villas on low maintenance grounds.
With current rental estimates of $450-$480 PW each or $46,800- $49,920 PA, demand for rental property is very strong and expected to increase. Continue to enjoy steady returns and strong capital growth potential. Or you live in one and rent or sell the other.
Features include:
- 2x Two-bedroom Villas connected side by side via the external garage wall
- Torrens Title with the opportunity to subdivide and sell separately
- Spacious open plan kitchen, lounge and dining areas with sliding doors opening onto private courtyards
- Recently re-painted, new carpets in unit 1.
- New Split-system air conditioning in both Villas
- Single garage to each residence with additional off-street parking.
- Low maintenance concreted and paved grounds
- Single level floor plans
- NBN
- Villa 1/70 Leased until 08/09/2022 at $420 per week (Current Rental Estimate of $450-$480 PW)
- Villa 2/70 is vacant with Current Rental Estimate of $450-$480 PW
Occupying an exceptionally convenient location, with a bus stop at the end of the driveway, short walk to school and shops. Adjoining a small primary school, the property is situated approximately 5 minutes to Erina Fair Shopping Centre, an 8-minute drive to Gosford Station, 10 min to Terrigal Beach and approximately 1 hour out of Sydney. With plenty of scope to increase the yield, this is a remarkable opportunity to secure a dual-income property in a centrally located, up and coming suburb.