Included in this property is a 6 year old 3 bedroom, 2 bathroom house with plenty of parking space but also a completely separate business premises which already contains a long term tenant.
This is a rare opportunity for the savvy investor to capitalise and continue to raise your current investment portfolio. Or a terrific starter investment property with guaranteed returns from day 1. The total combined income has been appraised at over $33,000. PA. Which of course means massive returns of between 7.5% and 8.2% which you do not see in the market very often at all these days.
Not only does this property offer a double income but because of the newer home you will enjoy the rewards at tax time.
The front part of this property is the big workshop, this space is rented to a tenant who is happy to stay at the property and continue to run his window and lock smith business.This site offers high visibility to passing traffic. The tenants of this property are currently paying
$1350 per month plus half of the annual services for the property.
Up the back of the property through the right of way is a beautifully designed 3 bedroom, 2 bathroom home. This wonderfully cared for home encompasses a huge sun-filled separate living room, an open plan kitchen and dining area with direct access to the out-door entertaining space.
The kitchen is well proportioned with plenty of storage and cupboards space and of course has all of today’s modern conveniences. All three bedrooms are of an excellent size and the main includes a walk-in robe as well as an ensuite. The second and third bedrooms both have built-ins.
The main bathroom is modern and spacious and contains everything you would expect in a home of this age. Then there is every girls dream – the huge linen and storage cabinets which will absolutely delight. All enclosed in a very low maintenance home this property is an absolute must for investors, retiree’s who would like an income or first time buyers wanting to set themselves up for life or a terrific work from home option.