Love having options? There are certainly a few here. This house is currently configured as two units, both with a lockup garage, that have a combined rental income of $450 per week.
It would be easy to convert back to a three bedroom home or you could take advantage of the large near level 670m2 (approx.) parcel of land in a very convenient location and consider the future possibilities.
Unit 1:
Two large bedrooms with open plan kitchen & lounge area. Combined bathroom/laundry with lockup garage that has a workshop at the rear.
Current rent of $230 per week
Unit 2:
One bedroom unit full of character with updated kitchen. Combined bathroom/laundry and single lockup garage.
Current rent of $220 per week
Luck favours the brave and with a little planning and improvement, you could see your return on investment easily increase.
Property highlights include:
* One x one bedroom & one x two bedroom unit
* Two garages, one with workshop or additional storage
* Walking distance to multiple schools and public transport
* Large level 670m2 (approx) parcel of land
* Great rental return of $450pw with solid history
For further information or to book your private inspection please call Russell Conway on 0407 744279 or email russell.conway@fanning.com.au
Land Size – 670m2
Dimensions – 15.24m x 44.21m
Council Rates – $1588.80pa
Water Rates – $1034.32pa
Rent Unit 1 – $230pw
Unit 2 – $220pw
Lease Exp Unit 1 – 19/02/09
Lease Exp Unit 2 – 12/04/12
Residence Area (Including Garages) – 211m2 (approx)